Articles on government debt

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Australia is one of a small number of countries that enjoy a AAA rating. Image sourced from

Vital Signs: goodbye AAA Australia?

Ratings agency S&P seems unconvinced of the Australian government's ability to reduce the budget deficit.
Ratings agency Moody’s is worried about the trajectory of Australia’s government debt. Andrew Gombert/EPA/AAP

Vital Signs: spending away Australia’s Triple A?

This week the IMF warns of secular stagnation while Moody's ponders a credit downgrade for Australia if GST and negative gearing are not tackled.
Mozambique needs to prioritise labour-intensive sectors, including agriculture. Reuters/file picture

How Mozambique can avoid stepping into the abyss

Economic growth forecasts for Mozambique are being revised down. The country needs to safeguard economic stability by taking steps to break with the past.
Selling reform to voters has proven challenging for the Prime Minister, but there are alternative options. Nikki Short/AAP

Governments paying price for ‘do it now or die’ approach to reform

The move to challenge the leadership of Prime Minister Tony Abbott, coming soon after the shock Queensland election outcome, has in some quarters been blamed on a lack of appetite for reform on the part…
We all want governments to do more with our taxes, so should we be willing to pay more? Photo sourced from

Put your hand up if you’d like to pay more tax

The same deep forces that were behind the election result in Queensland are being played out in Canberra. The Australian people want, although most won’t admit it, higher taxes – either now or in the future…

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