PolicyEconomyGovernment debtOpinion | John KehoeAustralia’s $1 trillion debt milestone comes at a risky timeJohn KehoeEconomics editorThe federal government’s $1 trillion debt milestone comes at a risky time as interest rates on government borrowing hit multi-decade highs in global bond markets.But it is not the relatively moderate level of Australia’s federal gross debt – 33 per cent of GDP – that is the concern.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In EconomyFetching latest articlesMost Viewed In Policy
Australia’s $1 trillion debt milestone comes at a risky time
The federal government’s $1 trillion debt milestone comes at a risky time as interest rates on government debt hit multi-decade highs in global bond markets.
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