1+ week, 4+ day ago   (135+ words) This is how the next GFC begins AFR Current debt levels and rising government bond interest rates are likely to persist. The longer we go on bouncing up and down on the castle of debt, the more likely it is…...

1+ week, 4+ day ago   (96+ words) AFR The Albanese government’s spending decisions have cost five times more than the former Coalition government’s discretionary spending in its equivalent first four years in office, pushing gross debt over $1 trillion and adding to inflation pressures, the opposition says. Angus…...

2+ week, 4+ day ago   (135+ words) AFR Since cutting spending on pensions and healthcare for the elderly is difficult and undesirable, this and future US administrations should look at raising revenues in the least damaging way. Make no mistake, the US is suffering a debt crisis....

3+ week, 2+ day ago   (124+ words) Australia’s $1trn debt is the bill for political cowardice AFR Returning to an era of low debt feels like a pipe dream when politicians lack both the appetite for austerity and the honesty to level with voters about the trade-offs of…...

3+ week, 3+ day ago   (92+ words) Federal debt passes grim $1 trillion milestone for the first time AFR Federal government debt will surpass $1 trillion for the first time on Thursday, putting pressure on the Albanese government to rein in the budget deficit or risk an even larger…...

3+ week, 4+ day ago   (106+ words) AFR Australia’s four most indebted state governments will soon be hit with an $8.1 billion annual increase in their already booming interest bills as more than $226 billion of ultra-cheap COVID-era loans roll off to much higher interest rates. The findings, included…...

3+ week, 4+ day ago   (101+ words) Borrowing binge to push federal and state debts to $2trn AFR State and federal government debt is on track to surpass $2 trillion by the end of the decade following a multi-year borrowing binge on infrastructure and taxpayer handouts, according to a…...