Jim Chalmers admitted earlier in June that his budget was not sustainable. With the exception of resource-rich Western Australia, the same can be said of most state and territory budgets, The ...

Government debt will soar past $1 trillion next financial year and continue to grow across the forward estimates, despite the Federal Government talking up the gains it has made in reducing budget ...

Western Australian Treasurer Rita Saffioti's second state budget delivered a $2.5 billion windfall for the current financial ...

The Australian government plans to borrow more than indicated in the 2024/25 financial year, its debt arm said on Wednesday, after it announced several cost-of-living relief measures in the ...

Federal election 2025: The Advertiser People’s Cabinet sounds alarm on government debt. Another Whyalla-style economic rescue will be hampered by government debt, experts warn, leaving a ...

Story by Sky News Australia • 1h S ky News host Paul Murray discusses how most of the “promises” made by Labor during the federal election campaign would increase debt.