Gross debt of Australia is 57% of GDP. Dave Murray on bolt has just said on Bolt report. Indicated our debt level of other AAA countries is double that of theirs. He believe the rating is under threat. If so expect the interest rate on debt to increase and in turn payments numbers. As the payment is a Billion a month expect more in the future. Money spent on trash like climate change commissions have destroyed the prospect of our country paying for Gondski and NDIS. Simply because the money needed is sent to china in interest payments.
