Young Aussies to bear burden of budget repair task – The Sydney Morning Herald
“Were we to proceed on a business-as-usual approach, we would see deficits out forever, and debt ballooning to levels which would impoverish our children and grandchildren, Malcolm Turnbull warned shortly after the 2014 budget. Since then, the 10-year forecast for government debt has climbed even higher – to $684 billion – on the latest Treasury…