Public debt interest payments are the fastest growing area of federal government spending. See what changed, and why, from 1990 to today.
- Graduate Researcher Teaching Fellow, Deakin University
Every time the Reserve Bank has pushed up interest rates in order to take money out of the system, it’s also been putting money in, in a way it didn’t use to.
The Commonwealth can never become insolvent. It ought to help out the states.
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