new figures,families 'worse off under abbott., page-16

darryle, so it's convenient to use net debt when claiming Howard left a surplus, but not when measuring the other team.

Net debt is the normal way to measure debt, so there is no reason to measure it any different.

If your going to use gross debt, then you will need to include the income derived from the gross debt to make valid comparisons.


The graph I previously posted goes up to 2011-12, scroll the graph.



Below is a debt Table with debt and interest payments.

http://www.budget.gov.au/2011-12/content/fbo/html/appendixb.htm