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Oz: State debt blows out 40 per cent as borrowing spree comes under fire

#1 User is offline   cobran20 

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Posted 16 January 2012 - 07:08 AM

Just like the Federal government, NSW & QLD can really afford those housing incentives! :censored:

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NSW and Queensland are slipping behind in tax competitiveness as they also spearhead a borrowing spree that will see state debt blow out more than 40 per cent by mid-2015...

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#2 User is offline   Mr Medved 

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Posted 16 January 2012 - 09:47 AM

Link?
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#3 User is offline   savagegoose 

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Posted 16 January 2012 - 12:12 PM

http://www.theaustra...x-1226244932453
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#4 User is offline   cobran20 

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Posted 16 January 2012 - 09:06 PM

View Postsavagegoose, on 16 January 2012 - 12:12 PM, said:

http://www.theaustra...x-1226244932453


Thanks. Attached is the full article.

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#5 User is offline   wulfgar 

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Posted 17 January 2012 - 04:10 AM

Adding semi government debt we get at least 140 billion there could be more), all of which is Federally guaranteed.

Add that to the Federal debt of 224 billion and we get 360 billion.
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