Posts tagged "debt levels"

The latest intergenerational report shows Australia will be smaller and older than previously expected in 40 years time, in what is the first downward revision of official projections for 20 years.

In the lead-up to the 2021 budget, three notable economic facts — about which no speculation is required — loom large.

Even if the government hadn’t spent $5.9 billion on JobKeeper and other emergency measures last financial year, its budget position would have collapsed.