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Australia's debt set to soar above $1 trillion, forecast shows | 7NEWS

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The treasurer is warning Australians to prepare for a confronting budget situation when parliament resumes next week. National debt is forecast to climb beyond $1 trillion sooner than expected and taxpayers will be up for the bill. auspol 7NEWS

 

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I thought Australia's economy was the ENVY OF THE WORLD. Jumping with joy because property prices were going up.

Weather it’s labor or the libs there all the same remember they been totwoparties in the last 50 years responsible for were we are at now

每个人都是纳税人

Australians that aren't MPs Media or donors. 😏🙄

Corrupt systems for you.

JoshFrydenberg ‘s legacy of debt and deficit and rorts. Fancy gifting 10s of billions to companies, private schools & churches that never needed a cent , despite being warned by treasury it’s a waste. a total disgrace.

Yes we should all expect an ALP government to dial back spending WHEN PIGS FLY!

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Interest rates could impact the Australian Government's bottom line | 7NEWSRising interest rates are hitting households hard, and they're also set to blow a hole in the government's bottom line.Connect with 7NEWS online:Visit » http... We won't see spending throttled. We won't see a government wage freeze. Gee what a shock, who would of thought closing down the world for 2 years would of had such effects. Now we want to destroy it more by using disastrous climate policies, people are so stupid. MSM and ideologically driven journalists have a lot to answer for. Yes seems to have been the program for a little while.
Source: 7NewsAustralia - 🏆 11. / 71 Read more »