Australia’s budget black holes deepen
Two months ago, the Parliamentary Budget Office (PBO) released its 2026-27 National Fiscal Outlook, which forecast that net debt would continue to rise in the coming years: The PBO also forecast that the share of government revenue spent on interest costs would rise steadily from around 4.1% in 2024‑25 to 6.2% by 2029‑30, “reflecting the combined The post Australia’s budget black holes deepen…
We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.
