Government pays $800,000 a day in interest

2
220

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
 
 
 

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here