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A history of public debt in Australia
Publisher
Federal government
Public debt
State and territory governments
Australia
Description
Understanding debt and its historical trends is important, as the level of debt provides one measure of the strength of public finances. Levels of public sector borrowing fluctuate in line with the economic cycle and the budget position. This paper briefly describes the various measures of debt and trends in government borrowing.
Publication Details
Copyright:
Commonwealth of Australia 2009
Access Rights Type:
open
Series:
Economic Roundup 1
Post date:
27 Apr 2022
