Government debt on its way to $606bnBY ALEX DUNNIN | TUESDAY, 9 MAY 2017 9:41PMTreasurer Scott Morrison's expansionary second budget, bankrolled by government receipts rising more than 6% per annum compared to expenditure rising by 4% per annum, sets Australia on the road towards a surplus by 2020 but one supported by record Commonwealth debt that by 2021 is projected to break $606 billion. Related News |
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