Australia's largest stock trading and investment forum Australia's #1 stock forum

Gross debt to climb to $1 trillion, page-4

First 4 Last

Share
Profile

Follow
Summerland

913 Posts.

12/05/24

16:07

Post #: 73785343
Share

Originally posted by sunny coast: ↑

yet from the article you use as a reference...

"Net debt, which is considered a better measure of the government’s ability to repay its liabilities, is the sum of gross debts minus its financial assets. On this measure, debt will climb to $575bn this financial year, according to the 2023-24 budget papers."

... can't get past a headline can you?

Expand

What happened to the 3 Trillion dollar debt that they claimed Morrison left them with following Covid. Did it just evaporate.
3 Upvote

Reply

Top Stories

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

DRO

History repeats for DroneShield investors but carnage so far subdued

AII

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

First 4 Last