Covid is where the bulk of the debt was racked up, and they had to, not everyone is a public servant. They had to literally keep private sector alive with spending and job keeper. The whole world did this, both sides of politics. If you can recall it, labor wanted the libs to spend even more during Covid.
Debt is debt. My point is more debt now exists and labor is spending at the same rate as liberals did during a crisis whilst adding record debt on capital spend. That is not sound economic management. A mining boom is why you see a current account surplus, but the reality is they are racking up huge debts on capital spending and have created a structural deficit going forward when mineral receipts drop off - as they are now.
Covid is where the bulk of the debt was racked up, and they had...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WOW (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$32.98 |
Change
-0.030(0.09%) |
Mkt cap ! $40.28B | |||
| Open | High | Low | Value | Volume |
| $32.87 | $33.01 | $32.66 | $40.35M | 1.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3914 | $32.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.02 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| WOW (ASX) Chart |