Um, off the top o my head, Costello (gross terms)
1. Started with $96 billion debt
2. Ended with $60 billion debt.
He did not fully cover super liabilities.... if you check the Commonwealths net worth at the time, it's a negative number i.e. Liabilities exceed assets
He also:
1. Sold $60 billion in national assets
2. Gave away billions in gold reserves
3. Raised new taxes including:
* Medicare Surchage Levy
* Sugar levy
* Milk Levy
* Timor Levy
* Gun Levy
* Ansett Levy
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- peter costello
peter costello, page-12
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