WA credit card maxed out, page-3

  1. 28,644 Posts.
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    " He said the Barnett government had inherited the "best set of books" in the state's history with a debt level of $3.6bn.
    The great pity of the last six years is that the government has blown the finances when it should have been driving down debt. People are now losing their jobs, industry is suffering and, the state has lost its capacity to spend," Mr McGowan said."
    "We won't block supply but we want West Australians to know that our debt has blown out to $28 billion - and we need another $8 billion just to keep government running," the opposition leader said."

    http://www.watoday.com.au/wa-news/w...-rush-for-8-billion-loan-20150505-ggupnh.html

    For the last six months on my daily travels,the traffic flow throughout the metropolitan area,other than peak hour has slowly and consistently died down.
    IMHO this doesn't bode well for the city of Perth or the state.

    Disclosure,col is a dropkick.

    Raider
 
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