Labour’s fiscal laxative to debt

The Herald has a great article that look at what net debt has been projected to be in 2027 under each forecast since 2021 (so post Covid).

  • Dec 21 – $138b
  • May 22 – $147b
  • Dec 22 – $156b
  • May 23 – $181b
  • Sep 23 – $193b

So in less than two years, the debt forecast for the next four years has increased by a massive $55 billion.

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