The Age
·general
·2 hours ago
States warned on spending binge as they all collected record tax takes
States and territories face potential credit downgrades following record tax revenues as they increase debt. S&P Global analysts warned that spending splurges to combat the cost of living could jeopardize credit ratings, with NSW and Queensland at the highest risk. Queensland's tax revenue surged by 20.7 percent, highlighting a tense financial landscape.
Summary by Glance · The Age
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