oh dear, you really don’t know how to read the chart.
the chart is debt to GDP, Australia had 0 debt when Howard left office, by the time the LNP were back in govt Labor had increased the debt to GDP by a rate of 15 times.
Labor forecasted a gross debt of north of $600B by 2019 prior to the LNP taking government. The debt we see today was irresponsibly started and owned by the Labor government
