From Debt-Free In 2006 To $1 Trillion: Jeremy Cordeaux On How Australia Got Here
In 2006 Peter Costello declared Australia debt-free and set up the Future Fund. Jeremy Cordeaux asks how the country went from a surplus to a trillion dollars of debt.
In 2006 Peter Costello declared Australia debt-free and set up the Future Fund. Jeremy Cordeaux asks how the country went from a surplus to a trillion dollars of debt.
Federal debt has passed $1 trillion, a one with twelve zeros. Jeremy Cordeaux breaks down the $569 million a week in interest and asks how long the country can pay it.
Labor has slumped to its worst polling since Julia Gillard. Jeremy Cordeaux blames “lies and backflips” — and doubts the media will make much of it.