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Government debt

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Illustration by Joe Benke

At debt’s door: US superpower is waning and Trump’s part of the problem

America spends more servicing its debt each year than it does on its enormous military. It’s a key sign of a great power in decline.

  • Peter Hartcher

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The basic costs of eating and learning for Victorians are now rising faster than those for cigarettes and alcohol, which have jumped by 19 per cent.

Cost of food, education and power is spiralling in Victoria. This graph proves it

The daily cost of eating is now rising faster than the cost of cigarettes and alcohol.

  • Grant McArthur
The Treasurer Jaclyn Symes delivers her budget speech in parliament, with Premier Jacinta Allan next to her.

Symes’ budget baby steps no match for her fast spending

Jaclyn Symes was gifted an unexpected $3.7 billion GST windfall, but the money barely lasted two months in the new treasurer’s hands.

  • Chip Le Grand
Rome’s ancient Colosseum.

A message to the major parties: Embrace reform or end up like the Romans

The fall of the Roman Empire could have been avoided if they embraced real reform. It’s a message that rings true in our current timid political climate.

  • William Bennett
Voters are turning away from the Labor state government. Will it sink Anthony Albanese’s re-election hopes?

The Allan key: Has the state government unlocked fortress Victoria for the Libs?

Victoria has long been Labor’s progressive citadel, an electoral stronghold across state and federal politics. But the red wall may be crumbling.

  • Shaun Carney
Donald Trump has ordered the creation of a national sovereign fund. But how will it be funded?

There are better things for Trump to do with America’s cash – if it had any

Donald Trump has ordered the creation of an American sovereign wealth fund. There are many reasons why America doesn’t need one - and can’t afford one.

  • Stephen Bartholomeusz
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Trump faces 37 criminal counts relating to the alleged mishandling of classified documents and his attempts to obstruct the FBI’s investigation.

The $58 trillion shadow hanging over Trump’s return

Donald Trump’s inauguration and expectations of the tumult he will release on day one of his administration have deflected attention from the emergence of a familiar threat to US stability.

  • Stephen Bartholomeusz
US debt-to-GDP ratios, which compares general government debt to the size of the economy, are expected to grow to 94.4 per cent by the end of 2011, Fitch says

The dirtiest word in economics is neither good nor bad

It gets politicians and the public agitated, but managing this essential element of every economy is crucial to nation building.

  • Allison Schrager
Victorian Treasurer Tim Pallas is sticking to his strategy of budget repair despite the misgivings of respected economists.

The treasurer says Victoria’s economy is improving. Economists say otherwise.

Who doubts Victorian Treasurer Tim Pallas’ fiscal repair strategy? It’s the economists, stupid.

  • Chip Le Grand
Victorian Treasurer Tim Pallas says the state’s economy remains strong despite its rapidly growing debt.

State’s financial watchdog slams ‘reactive’ budget with no long-term plan

The auditor-general has warned that prolonged operating losses and cash deficits are not financially sustainable following a review of the state’s reports for the past financial year.

  • Kieran Rooney and Annika Smethurst

Original URL: https://www.smh.com.au/topic/government-debt-1nms