Brisbane Times
·general
·2 hours ago
States warned on spending binge as they all collected record tax takes
Australia's states and territories have been warned of potential credit downgrades due to unsustainable spending despite record tax revenues. Queensland's tax revenue surged by 20.7 percent, while NSW's increased by 19.5 percent. Analysts caution that ongoing inflation and economic challenges pose risks to financial stability.
Summary by Glance · Brisbane Times
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI