Good and Bad Debt – Federal Budget 2017-2018

With the Federal Budget to be handed down on the 9th of May, Treasurer Scott Morrison has urged Australians to think of the ways in which Australia’s debt is reported on the budget. Mr. Morrison has termed this as ‘good’ and ‘bad debt’ with this year’s budget, set to report government debt which will then be linked to government spending. So what exactly does ‘good’ and ‘bad debt’ mean, how will it be reported and how will it affect everyday Australians? myles Houlbrook-Walk talked to Senior Research Fellow from the Centre For Independent Studies Robert Carling to discuss more about this.

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