Australia's finances are among the strongest in the developed world, federal Treasurer Wayne Swan says. The federal government announced today the final budget outcome for 2010/11 was an underlying deficit of $47.7 billion. That's a modest improvement on the $49.4 billion deficit forecast in the May budget. Advertisement: Story continues below "Australian public finances are among the strongest in the developed world," Mr Swan told reporters in Canberra. "That's despite the impact of the global financial crisis, the devastating natural disasters earlier this year and the impact of the high Australian dollar on ... (full story)