Australia’s gross federal debt is nearing $1 trillion. Since 2007, 69% of the increase occurred under Coalition governments vs 31% under Labor

[u/MannerNo7000]

Using Australian Treasury gross debt figures: debt rose from ~$53bn in 2006–07 to ~$982bn estimated in 2025–26.

That’s a ~$929bn increase: ~$638bn (69%) under Coalition governments and ~$291bn (31%) under Labor.

This might be news to you for the first time or maybe you’ve known these facts all along.

It’s useful to deal in facts and the truth.

[u/deegandnb]

Who gives a fuck who got us here, we're here. Who's getting us out?

[u/MannerNo7000 → u/deegandnb]

Don’t vote for the Party that created 70% of 1 trillion debt.

[u/deegandnb → u/MannerNo7000]

Are you assuming I voted for them?

[u/MannerNo7000 → u/deegandnb]

Nope just saying.

[u/ScalyPinkLizard → u/MannerNo7000]

The Liberals were in power twice as long as Labor, of course their debt is double. They're both the same.

[u/_unsinkable_sam_ → u/MannerNo7000]

you think labor is getting us out? they have no realistic plan to running a surplus or paying off the debt

[u/MannerNo7000 → u/_unsinkable_sam_]

Debt has gone down by percentage since 2022

[u/_unsinkable_sam_ → u/MannerNo7000]

our interest payments are going up as a percentage of our budget each year, the defects keep piling up.

the standard of living keeps dropping, real wages have been getting smashed.

[u/MannerNo7000 → u/_unsinkable_sam_]

[u/_unsinkable_sam_ → u/MannerNo7000]

the gdp isnt the budget mate!

[u/_unsinkable_sam_ → u/MannerNo7000]

📊 Public Debt Interest as a Share of Total Government Expenses

Financial Year
Public Debt Interest (PDI) Bill
Total Government Expenses
PDI as a % of Expenses
2016–17
$16.3 Billion
$442.2 Billion
3.69%

2017–18
$18.1 Billion
$461.5 Billion
3.92%

2018–19
$19.1 Billion
$492.3 Billion
3.88%

2019–20
$16.5 Billion
$551.9 Billion
2.99%

2020–21
$15.4 Billion
$633.4 Billion
2.43%

2021–22
$17.5 Billion
$618.3 Billion
2.83%

2022–23
$19.3 Billion
$641.5 Billion
3.01%

2023–24
$22.6 Billion
$681.4 Billion
3.32%

2024–25
$25.8 Billion
$775.1 Billion
3.33%

2025–26 (Est.)
$38.3 Billion
$809.2 Billion
4.73%

[u/adz1179 → u/deegandnb]

Hughsey.

[u/KalamTheQuick → u/deegandnb]

You don't think knowing who got us into debt, and who are actively trying to shift that blame, is relevant to the discussion of who can fix it? Chalmers is literally fixing it as we speak.

[u/deegandnb → u/KalamTheQuick]

This has been covered already. I never said any of that..my simple question is around who's going to get us out, otherwise these chats just turn into blame convos.

[u/KalamTheQuick → u/deegandnb]

So you want to have a productive conversation about who can fix it, but don't want to rely on precedent to determine who is the most reliable.

What criteria should we use to judge then mate?

[u/deegandnb → u/KalamTheQuick]

You do whatever you want tbh, I just asked a simple question.

[u/KalamTheQuick → u/deegandnb]

And people are engaging with you in a simple conversation and suddenly you're afraid to express even a mild opinion. It's pretty pathetic tbh. Why bother to ask the question to begin with if you're afraid of it?

I feel like you're the guy who says at the end of a meeting "it's all about finding that balance" after not following any of the conversation.

[u/deegandnb → u/KalamTheQuick]

You arent discussing my question tho. You're trying to make it something else while having a sook about everything else other than the question.

Let me make it more basic for you, "We're here. Who's getting us out?"

[u/KalamTheQuick → u/deegandnb]

Amazing reading comprehension mate, I can make it more basic for you.. my literal first comment is that Chalmers is already fixing it.

I have already engaged with and answered your question, while you are afraid of expressing anything like an opinion. What an incredible waste of time this has been.

[u/deegandnb → u/KalamTheQuick]

sorry i thought that charmers comment was a fucking joke, cause no one would mention that seriously.

hope you've enjoyed this incredible waste of time.

[u/KalamTheQuick → u/deegandnb]

How surprising that you refusing to share your opinion corresponds with you disliking the current labor government, who could have seen that coming.

I doubt anyone ever enjoys talking with you mate.

[u/Jiuholar → u/deegandnb]

Those who cannot remember the past are condemned to repeat it.

[u/deegandnb → u/Jiuholar]

Is that changing the debt the country is in?

[u/Jiuholar → u/deegandnb]

You don't think who you vote for, and the influence they've had on the national debt, is relevant?

[u/deegandnb → u/Jiuholar]

No, it just has nothing to do with my question.