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Frydenberg’s budget looks toward zero net debt, but should this be our aim?

  • Written by Richard Holden, Professor of Economics, UNSW
Frydenberg’s budget looks toward zero net debt, but should this be our aim?It's a bit of a mystery how the government has made net debt disappear, but there are clues. Wes Mountain/The Conversation, CC BY-NC

In his budget speech tonight Treasurer Josh Frydenberg announced that under a Coalition government we will see a decade of surpluses that will “continue to build toward 1% of GDP within a decade”.

He went...

Read more: Frydenberg’s budget looks toward zero net debt, but should this be our aim?

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