You are here

Australia sees its debt peaking over 5-6 years

It expects budget deficit to narrow over its four-year forecast horizon


AUSTRALIA'S debt pile will stop growing within the next five or six years and then begin to shrink as the government works to balance the budget, according to Treasurer Scott Morrison.

The federal government, which is due to outline its annual spending blueprint on Tuesday,...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to