Um, off the top o my head, Costello (gross terms)1. Started with...

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