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Sailor101

3,057 Posts.

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09/08/24

18:24

Post #: 75147019
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Originally posted by Fishinnick: ↑

@Sailor101
Well this chart and data set in the link doesn't seem to agree with you does it?
Please explain, in the nicest possible way of course, how 894.9 billion is less then 1.159 trillion!

"Since the beginning of the pandemic, Australian Government gross debt has increased from $534.4 billion in March 2019 to $894.9 billion as of 28 October 2022. The October 2022–23 Budget forecasts further increases in gross debt to $1.159 trillion (43.1% of GDP) by the end of the 2025–26 financial year "

https://www.aph.gov.au/About_Parliament/Parliamentary_departments/Parliamentary_Library/pubs/rp/BudgetReviewOctober202223/AustralianGovernmentDebt

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Fishy sweetie - talk to me when the actual numbers come out .... your mate Joe Hockey promised us a surplus back in 2012 as I recall based on his forecast -- and every year after that. And we all know how that turned out

Last edited by Sailor101: 09/08/24
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