treasurer joe hockey says commonwealth debt..., page-98

  1. 24,578 Posts.
    lightbulb Created with Sketch. 1


    Labor inherited a $67b debt from the Coalition, and Labor left a $273b debt for the Coalition in September this year.

    Labor added between $206 to $223b to the debt over their 6 years.

    Hockey is talking about adding debt at a faster rate than Labor, and if Hockey's 2017 numbers of $440b are correct. By 2017 the Coalition would have contributed $217b to the total debt.

    About the same as Labors contribution.

    Not a good look after all the rhetoric over the last few years.


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.