Jul 9, 2026 – 5.30pmOpposition Leader Angus Taylor says One Nation’s policies would smash the budget bottom line, force interest rates up 3 percentage points, nearly triple the nation’s $1 trillion debt load and potentially spark a sovereign debt crisis.The remarks, made in a speech to The Sydney Institute on Thursday evening, represent Taylor’s most pointed attack on One Nation to date and a key pivot to fighting the surging minor party on the budget and economy rather than on culture wars.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Taylor warns One Nation policies will send interest rates skyrocketing
Opposition Leader Angus Taylor says One Nation’s economic policies would triple Australia’s $1 trillion national debt, spike interest rates and could even trigger a sovereign debt crisis.







