Australia’s national debt reaches $1 trillion | ABC NEWS

Australia’s national debt has reached $1 trillion for the first time.
EY Oceania’s chief economist Cherelle Murphy discusses the milestone, warning revenue is expected to remain below expenses for the next four years.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-08-20/asx-markets-business-news-live-updates-thursday-20-august/107056572

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia