The Economy

[southsport]

One would think consecutive surpluses for the 1st time on 20 odd years would be doing their bit.

Govt still seems to be borrowing.

Government​

Australian Bureau of Statistics
https://www.abs.gov.au › statistics › economy › govern...



General government borrowing was $21.2b; Total public sector borrowing was $52.1b; All Australia general government net debt (L2) reached 30.6% as a percentage ...

Government

Administration, finance, tax…

www.abs.gov.au

 

[southsport]

If this occurrs it will be seriously bad news for some people.

Dire warning of several rate hikes this year​

The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
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