The Conversation

FactCheck: is Australia spending over $100m a day more than collected in revenue?

13-02-2015 Author: The Conversation

The numbers check out. But how worried should we be? AAP Image/Lukas Coch

“At the moment, we are spending over $100 million a day more than we’re collecting in revenue. Now that’s unsustainable, particularly given we’re spending nearly $40 million a day on the interest on the debt that we have.” – Treasurer Joe...

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