Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Budget deficit pressured by debt costs

The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: LaborCoalitionCPIInflationabrdnAge PensionAustralian Bureau of StatisticsBetaSharesBudget 2022David BassaneseFederal BudgetGlobal Financial CrisisJeremy LawsonJim ChalmersNDIS