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Finance crisis warned as war debt drains Australia
The article argues fiscal policy has failed with heavy borrowing and rising interest costs. It warns that wartime expenditures and misused funds will burden future generations unless public and private economies are enforced. It notes declining customs revenue, shifting budgets, and calls for responsible cuts while critiquing Federal and State treasurers.
MENTIONED IN THIS ARTICLE
Australia
Rgrz
Commonwealth
John Forrest
New South Wales
Holman