The auditor-general has warned that prolonged operating losses and cash deficits are not financially sustainable following a review of the state’s reports for the past financial year.
The greenback has surged against currencies of America’s major trading partners since the election,sounding a warning for the global economy.
The premier has sought to allay fears that the cost of his election promises would jeopardise Queensland’s credit rating.
The value of the country’s exports grew by 2.4 per cent last month,way short of the 8.7 per cent growth experienced in August.
Regardless of who wins the US election,according to the latest analysis the new president will preside over more debt,relative to the size of the economy,than any American leader since the end of World War II.
Donald Trump and Kamala Harris have each rolled out reckless plans that will add to one of America’s biggest problems.
Washington is spending money like a drunken sailor. It is a global accident waiting to happen.
Treasurer Tim Pallas warns a failure to shore up the state’s financial position,including bringing down debt,could have serious consequences for its credit rating.
The Republican Party’s platform for the November election is a 16-page document containing 20 policy measures. Oddly,there’s no word of debt or deficits anywhere.
The water authority borrowed additional money from a Victorian government entity – and paid interest to the government – so it could pay a tax to the same government.
This weekend’s elections have the potential to blow out France’s debt and threaten the stability of the eurozone and its single currency.