Federal government debt surges past half-a-trillion dollars

By Eryk Bagshaw
Updated June 14 2017 - 8:03am, first published 7:54am
Senator Pauline Hanson in the Senate at Parliament House on Tuesday 28 March 2017. Photo: Andrew Meares
Senator Pauline Hanson in the Senate at Parliament House on Tuesday 28 March 2017. Photo: Andrew Meares

The Turnbull government will break through the country's former debt ceiling this week, breaching the $500 billion mark as it doubles the credit card bill it inherited from Labor.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Newcastle news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.