8 May 2023
Parliamentary Research Brief – How Federal Government Spending Intensifies The Cost Of Living Crisis
Australian families are facing acute and immediate cost of living pressures, due to rapidly rising inflation, energy costs, and rising mortgage repayments. A key cause of rising inflation is debt and deficit government spending. New IPA research examines the relationship between government spending, inflation, and mortgage repayment rates. The key findings are: Governments must tackle inflation and the cost of
1 April 2020
$1 Trillion Worth Of Debt Within Three Years
“Australia could have $1 Trillion worth of debt within 3 years. The only way to repay this monumental amount of debt is for Australia to become more productive,” said John Roskam, Executive Director of free market think tank the Institute of Public Affairs. Total debt was $556 billion going into the crisis. The recently announced fiscal measures by the federal
