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Liberals lost Qld Election but still WON big time, page-99

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logco

23,552 Posts.

01/11/20

21:40

Post #: 48568026

Originally posted by sunny coast: ↑
Successive LNP governments since Abbott have trashed Australia's financial integrity by massively increasing government debt as a percentage of GDP....some Aussies are being conned...what will 20/21 be

Date(30 June) Gross debt(A$ billion) Debt ceiling(A$ billion) Debt asshare of GDP
1 2004 59.628 n/a 12.0%
2 2005 60.103 n/a 10.9%
3 2006 59.078 n/a 10.0%
4 2007 58.273 75 9.7%
5 2008 60.451 75 11.8%
6 2009 101.136 200 16.7%
7 2010 147.123 200 20.5%
8 2011 191.283 250 24.1%
9 2012 233.968 300 27.7%
10 2013 257.370 300 30.6%
11 2014 319.479 500 34.1%
12 2015 368.730 500 37.8%
13 2016 420.412 500 40.4%
14 2017 500.979 600 41.0%
15 2018 531.937 600 41.4%
16 2019 541.992 600 41.8%
17 2020 684.298 850 n/a
18 Source: Commonwealth of Australia^[1] Source: IMF
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When out going governments legislate spending the incoming government is stuck with it.

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Liberals lost Qld Election but still WON big time, page-99

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

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Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

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	Date(30 June)	Gross debt(A$ billion)	Debt ceiling(A$ billion)	Debt asshare of GDP
1	2004	59.628	n/a	12.0%
2	2005	60.103	n/a	10.9%
3	2006	59.078	n/a	10.0%
4	2007	58.273	75	9.7%
5	2008	60.451	75	11.8%
6	2009	101.136	200	16.7%
7	2010	147.123	200	20.5%
8	2011	191.283	250	24.1%
9	2012	233.968	300	27.7%
10	2013	257.370	300	30.6%
11	2014	319.479	500	34.1%
12	2015	368.730	500	37.8%
13	2016	420.412	500	40.4%
14	2017	500.979	600	41.0%
15	2018	531.937	600	41.4%
16	2019	541.992	600	41.8%
17	2020	684.298	850	n/a
18	Source: Commonwealth of Australia^[1]	Source: IMF

Liberals lost Qld Election but still WON big time, page-99

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