AUSTRALIAN NATIONAL DEBT CLOCK
AOFM DATA

LABOR’S DEBT

CURRENT GOVERNMENT DEBT
0 BILLION

Under Anthony Albanese, Australians have suffered the biggest fall in living standards in the developed world, been hit with 14 interest rate rises, and saddled with a trillion dollars of debt — yet he still tells Australians that things are getting better.

Labor has fuelled an addiction to spending that is driving up the cost of living today and leaving a $1.2 trillion debt bomb for the next generation.

Every minute, Australians pay $48,489 in interest on Labor’s debt

Total Debt Per Australian
0
Total Interest Under Labor
0
Since 22 May 2022
Authorised by A. Hirst, Liberal, Canberra