LABOR’S DEBT
Every minute, Australians pay $48,489 in interest on Labor’s debt.
Debt interest takes money away from other priorities. $48,489 in interest per minute could otherwise fund (approx):
- An aged-care home package every minute
- A hospital bed every 8 minutes
- A kilometre of highway every few hours
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's addiction to spending is driving up the cost of living and will leave a $1.2 trillion debt bomb for the next generation.
Please sign our petition to receive updates and take a stand against Labor's reckless spending.
Every single minute, Australians are paying $48,489 in interest on the national debt. Find out what each person owes at debtclock.au