Infrastructure boom fuels states' debt bomb
States infrastructure booms are putting pressure on governments to sell more assets, with the release of the NSW and South Australian budgets showing unexpected increases in debt to fund capital spending.
The five mainland states' budgets reveal that they will end up with a tripling of debt to $170 billion within four years to fund their infrastructure splurges.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Politics
Fetching latest articles