Welcome to the decade of budget deficits
Data from the Australian Office of Financial Management (AOFM) shows that the nation’s total debt totalled $983.7 billion as of last Friday. This was set to rise above $1 trillion for the first time on Thursday due to two new debt issuances worth $13 billion and $4 billion, respectively. However, total debt will fall below The post Welcome to the decade of budget deficits appeared first on…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.