Senate debates Questions without Notice

Economy


Gavin Marshall

Gavin Marshall Victoria, Australian Labor Party

2:37 pm

Given that the $600 billion cap on national debt, signed off by the Treasurer on 9 May, will not even cover the $606 billion in gross debt expected by the end of the forward estimates, let alone the $725 billion projected by the 2027-28 year, when will the Turnbull government again be forced to increase the cap on borrowings to cover the explosion of debt?

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