Committee finds ACT finances ‘not sustainable’
The ACT’s financial position is “not sustainable”, with government policy decisions driving persistent deficits, rising debt and increasing interest costs, a Legislative Assembly inquiry has found.
Legislative Assembly’s Select Committee on the Fiscal Sustainability of the ACT
"Eslake's final report confirms everything we have written in these columns for years – persistent deficits, mounting debt and interest impacting on social services." JON STANHOPE & KHALID AHMED critique the independent economist's review.
An independent interim report to the ACT Legislative Assembly has found the Territory’s budget position has deteriorated over the past decade due to policy decisions, prompting political debate over how to restore fiscal sustainability.
No posts found
