Labor ‘vision’ blind to harsh reality of debt/deficit disaster

With commonwealth debt set to tick over $1 trillion any day, Australians might reasonably expect the government to be focused on paying it down. Instead, Canberra has squirrelled away more than $400bn in a sprawling web of off-budget funds and investment vehicles, borrowing heavily so politicians and bureaucrats can meddle in markets under the guise of “investment”.

Read More