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Government debt

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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
Donald Trump’s ultra-loose fiscal policy has put a rocket under the US dollar.

Rampant US dollar sends a threatening message to the rest of the world

The greenback has surged against currencies of America’s major trading partners since the election, sounding a warning for the global economy.

  • Stephen Bartholomeusz
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Premier Steven Miles campaigning in Rockhampton on Tuesday.

Miles plays down credit rating fears amid election borrowing spree

The premier has sought to allay fears that the cost of his election promises would jeopardise Queensland’s credit rating.

  • Cameron Atfield and Catherine Strohfeldt
Boosting consumption is seen as vital for China to avoid falling into a deflationary spiral.

China’s big fiscal stimulus package is coming

The value of the country’s exports grew by 2.4 per cent last month, way short of the 8.7 per cent growth experienced in August.

  • Stephen Bartholomeusz
Donald Trump and Kamala Harris during the debate. Higher tariffs are on the agenda of both candidates.

Trump and Harris are competing for an unwelcome title

Regardless of who wins the US election, according to the latest analysis the new president will preside over more debt, relative to the size of the economy, than any American leader since the end of World War II.

  • Stephen Bartholomeusz
Trump and Harris are both promising to spend big if they get in the White House.

The $53 trillion shadow hanging over the US election

Donald Trump and Kamala Harris have each rolled out reckless plans that will add to one of America’s biggest problems.

  • Stephen Bartholomeusz

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