Only to be replicated by the LNP rabble who wanted to outdo them...

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    Only to be replicated by the LNP rabble who wanted to outdo them all and that they achieved and then some may i add.....

    "According to the government’s Monthly Financial Statements, in September 2013 (the month of the 2013 federal election), net debt was under A$175 billion (A$174,577m).Net debt reached more than A$350 billion in December 2017 (A$350,245m), and was above A$350 billion in January 2018 (A$353,359m) and March 2018 (A$350,717m).Also, on the government’s own budget numbers, net debt for this financial year is A$349.9 billion (2018-19 Budget, BP1 3-16, Table 3).So whether you look at the government’s Monthly Financial Statements or its budget, we’ve had net debt double under this government."

    http://theconversation.com/factcheck-has-australias-net-debt-doubled-under-the-current-government-100819
 
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