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Queenslands 95 bil. Debt!

  1. einstein

    8,557 Posts.

    It now appears? that the LNP. paid back no principal on BLIGHS 83 bil. dollar debt, but increased it to 95 bill!! during their term in office! Can anyone out there verify these so called facts?? If this is the case then imo queensland credit rating and bonds could be reduced to JUNK STATUS ! After all with no tax increases ,or revenue from asset sales , and much lower returns from coal and now csg future sales ,and facing 85 million dollars per week just to pay interest on the 95 bil. dollar debt Where is the money to come from ? Or am I missing something??

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