Perrottet lumbers NSW taxpayers with $106b in extra debt

Perrottet lumbers NSW taxpayers with $106b in extra debt

NSW budget Perrottet lumbers NSW taxpayers with $106b in extra debt NSW promised to spend $15 billion on infrastructure and debt repayments that it is instead gambling on global financial markets.Christopher JoyeColumnist After 12 years of Liberal leadership, encompassing four premiers and four treasurers, NSW is sadly degenerating into one of the worst run states in Australia. Since Premier Dominic Perrottet was appointed NSW treasurer in January 2017, he has presided over an unprecedented, $106 billion surge in taxpayer debt. That means Perrottet and his fierce internal rival, Treasurer Matt Kean, will have saddled NSW residents with $13,000 of extra debt per person. One day, that debt has to be repaid. In the budget this week, Kean revealed that NSW debt will have exploded from the relatively modest $55 billion …
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