1999 to 2010, a decade of low debt.
Labor inherited $5b of debt, and left less than $8b of debt, (increased debt by $3b after 11 years of government), (Hockey only took a couple of months to more than triple that amount of debt).
GSP grew from around $220b to close to $320b.
You're hard to please, I'm sure lots of States would have liked to performed so well.
Anyway the graph paints a different picture to what was being implied here on this thread about the previous Labor governments finances over their 11 years they were in government.
(Department of Treasury and Finance graph)
I predict the $1.5b gift Abbott borrowed and gave Victoria to pad a LNP surplus will be paid back and will create a $1.5b deficit in the current budget.
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