Government debt
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.
- by Chip Le Grand
Latest
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.
- by Kieran Rooney and Annika Smethurst
Opinion
Currencies
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.
- by Stephen Bartholomeusz
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.
- by Cameron Atfield and Catherine Strohfeldt
Opinion
Inside China
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.
- by Stephen Bartholomeusz
Opinion
US election
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.
- by Stephen Bartholomeusz
Opinion
US Votes 2024
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.
- by Stephen Bartholomeusz
Opinion
World markets
The US is out of control and we could all pay a heavy price
Washington is spending money like a drunken sailor. It is a global accident waiting to happen.
- by Ambrose Evans-Pritchard
Pallas vows no new debt despite $1.5b health blowout, but stays coy on fresh taxes
Treasurer Tim Pallas warns a failure to shore up the state’s financial position, including bringing down debt, could have serious consequences for its credit rating.
- by Josh Gordon
Opinion
US Votes 2024
Hey Big Spender! How Trump plans to step up America’s debt binge
The Republican Party’s platform for the November election is a 16-page document containing 20 policy measures. Oddly, there’s no word of debt or deficits anywhere.
- by Stephen Bartholomeusz
Exclusive
Victorian budget
Melbourne Water tapped the state for extra cash – to pay it back for an unexpected tax bill
The water authority borrowed additional money from a Victorian government entity – and paid interest to the government – so it could pay a tax to the same government.
- by Rachel Eddie
Original URL: https://www.watoday.com.au/topic/government-debt-1nms