debt – Nelle's journey

Ghosts of premiers past: Queensland’s budget is a fiscal horror show

Judith Sloan The Australian January 23, 2025 Once upon a time – OK, a very long time ago – public finances in Queensland were extremely well-managed. Public sector superannuation was fully funded, recurrent budget surpluses were the norm and there was limited government debt. The state’s credit rating was an unquestioned AAA. It began toContinue reading “Ghosts of premiers past: Queensland’s budget is a fiscal horror show”

John Howard, Peter Costello lash Anthony Albanese and Jim Chalmers’ budget mismanagement

Troy Bramston The Australian December 31, 2024 John Howard has warned that Australia’s deteriorating budget bottom line and escalating debt could put the nation’s credit rating at future risk, while Peter Costello has lashed Treasury as an institution in decline that no longer defends taxpayers against spendthrift governments. The former prime minister and treasurer criticisedContinue reading “John Howard, Peter Costello lash Anthony Albanese and Jim Chalmers’ budget mismanagement”