A history of public debt in Australia

Katrina Di Marco, Mitchell Pirie and Wilson Au-Yeung
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Katrina Di Marco: Treasury, Government of Australia
Mitchell Pirie: Treasury, Government of Australia
Wilson Au-Yeung: Treasury, Government of Australia

Economic Roundup, 2009, issue 1, 1-15

Abstract: Understanding debt and its historical trends is important, as the level of debt provides one measure of the strength of public finances. Levels of public sector borrowing fluctuate in line with the economic cycle and the budget position. This paper briefly describes the various measures of debt and trends in government borrowing.

Keywords: fiscal balance; public debt; sovereign debt (search for similar items in EconPapers)
JEL-codes: H61 H62 H63 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_2009_1_1

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