The gross debt of state governments has increased by 150 per cent since 2019 to $661 billion, prompting calls by economists ...

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 ...

Debt ballooned largely due to the enormous handouts to corporations coordinated by the state and federal governments. Additional credit downgrades would hike the Victorian government’s annual ...

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.

Jeff Kennett: Australian governments’ addiction to debt weakens their position in rapidly changing world. The federal government is heading to a trillion-dollar debt.