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By Rob Taylor CANBERRA (Reuters) - Australia's conservative opposition, heavily favored in next month's election, outlined A$31 billion ($27.8 billion) in savings on Wednesday and promised to breathe new life into the economy by abolishing environment taxes polarizing voters. But Prime Minister Kevin Rudd said the opposition planned big cuts to key services and predicted voters would return to his Labor Party in the final week of campaigning. Most polls give the opposition under Tony Abbott a 53 to 47 percent lead, enough to give them a sizeable majority in parliament. ...More...