National debt reaches ‘grim’ $1 trillion milestone as government grapples with ongoing Budget pressure
2 sources·Updated August 20, 2026
Covered by 2 sources
- The West Business·7h agoAustralia’s national debt hits $1 trillion milestone
Australia’s national debt has ticked over $1 trillion, with the opposition calling it a “sad day” and the Albanese government pushing back on the milestone’s significance.
Read at The West Business → - The West Australian·8h agoNational debt reaches ‘grim’ $1 trillion milestone as government grapples with ongoing Budget pressure
Australia’s gross Federal debt is set to cross the $1 trillion mark for the first time as the Government grapples with ongoing pressure from the May Budget.
Read at The West Australian →