Government pays $800,000 a day in interest

Sir – The Treasurer refuses to admit Territorians are paying more than $800,000 per day in interest.

 

Nicole Manison believes our interest repayments are out of sight, out of mind.

 

On page 32 of the Midyear Report 2019/20, interest expenses were $294m for the financial year. Very simply, divided by 365 days, Territorians will find they are paying more than $800,000 a day in interest.

 

Territorians are hurting, businesses are closing, and we’re losing our population.

 

This Labor Government’s fixation on spending money like a kid in a lolly shop is irresponsible, and their red tape preventing private sector investment is killing the economy.

 

Opposition Leader Lia Finocchiaro (pictured)
Parliament House

 

 

 

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2 Comments (starting with the most recent)

NB: If you want to reply to a previous comment, start your comment with this notation: @n where n is the number of the comment you want to reply to.
  1. Evelyne Roullet
    Posted February 22, 2020 at 5:35 pm

    Pseudo Guru: Clowns are funny. This government is not.

    View Comment
  2. Psuedo Guru
    Posted February 22, 2020 at 7:51 am

    Clowns running the circus.

    View Comment

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