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Australia is passing on a huge amount of debt to future generations.

Our $1 trillion debt doesn’t scare markets – but it still has a cost

Markets appear unfussed about a looming milestone for public debt. Should taxpayers be a bit more concerned about it?

  • Clancy Yeates

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Retiring debt like its the 1990s– cast of Melrose Place.

By promising to fix Victoria’s budget, Jess Wilson has put a big target on her back

Debt reduction is an idea so 1990s it could have been lifted from an episode of Melrose Place. Can Jess Wilson get Victorians excited about balancing the books?

  • Chip Le Grand
Jim Chalmers’ fifth budget will confirm that Australia owes the world $1 trillion.

Australia’s debt hits $1 trillion this year - what did we spend it on?

Jim Chalmers’ fifth budget will confirm that Australia owes the world $1 trillion. Within two years, we will be spending more on interest than on the nation’s hospitals.

  • Shane Wright
The Albanese government’s temporary halving of the fuel excise for three months will cost an estimated $US2.55 billion.

The world’s finances weren’t ready for an energy shock of this magnitude

Governments’ finances were already stretched before the war in Iran sent energy costs soaring.

  • Stephen Bartholomeusz
Trump is grappling with a growing mountain of US national debt.

Trump’s $56 trillion problem is spiralling out of control

When he first became president in 2017, Donald Trump promised to eliminate US government debt within eight years. Since that promise was made, the debt has almost doubled.

  • Stephen Bartholomeusz
The dramatic surge in US government debt in only the first year of Trump’s second presidency – about $US2 trillion, and rising, has been added – have raised concerns about America’s longer term fiscal stability.

Trump has opened the door for Europe to attack

The president’s erratic policies have created the best chance in the 75-year history of the “European Project” to erode the dominance of the US dollar.

  • Stephen Bartholomeusz
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Michael Brennan says state and federal budgets are in a fragile position.

Nation’s taxpayers not enough to pay for ballooning deficits

State and federal budgets will have been in the red for 20 years by 2028. A new report says workers face more tax to get them in the black.

  • Shane Wright
Economic pressures have increased on Iran since Donald Trump returned to office in 2025.

GFC 2.0? Trump is taking a big risk with America’s banks

The Donald Trump administration is close to finalising a new set of rules for its banks as it looks to turbocharge US economic growth. The consequences could be damaging.

  • Stephen Bartholomeusz
Trump has a unique way of interpreting economic data.

Trump’s ‘Golden Age’ is still a fairytale

The US president doesn’t seem to understand what the latest economic numbers mean for one of his biggest promises.

  • Stephen Bartholomeusz
Sanae Takaichi

The ‘Iron Lady’ looking to shake up the world order

Sanae Takaichi’s landslide Japanese election win gives her the green light for her ambitious economic plans. How she executes them matters for all of us.

  • Stephen Bartholomeusz