Government gross debt recorded last Friday was $894.6 billion, revealing the Albanese Government has added just $6.1 billion in its first 11 months. That compares with an average of $71.5 billion added each year by the previous Coalition Government over its term.
Chalmers is facing significant challenges as he prepares his second budget since gaining office nearly a year ago. They include persistent inflation, the housing shortage, the low share of national income going to workers, stalled productivity and rampant corporate tax evasion. All these were badly mismanaged by the previous conservative administration.
Source: National Times – Dazzling brilliance would be fantastic, but we’ll… | Facebook