As federal debt passes $500b, why won’t RBA kill the CLF?

Wednesday 14 June 2017

Fairfax has posted an interesting article on the blow-out in Federal Government debt, which is about to pass $500 billion:

The Turnbull government will break through the country’s former debt ceiling this week, breaching the $500 billion mark as it doubles the credit card bill it inherited from Labor.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.