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Federal borrowing to top states as $1trn debt milestone looms

Summary by Australian Financial Review
The federal government will borrow more money than the states this year for the first time since the pandemic, heaping more pressure on Treasurer Jim Chalmers.

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Australian Financial ReviewAustralian Financial Review
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Federal borrowing to top states as $1trn debt milestone looms

The federal government will borrow more money than the states this year for the first time since the pandemic, heaping more pressure on Treasurer Jim Chalmers.

·Sydney, Australia
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  • 100% of the sources lean Right
100% Right
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Australian Financial Review broke the news in Sydney, Australia on Thursday, July 3, 2025.
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Stories disproportionately reported by the Left or the Right

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