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Sky News Australia 22 Jul 2026 25 here now

‘Frightening number’: Australia’s debt continues to climb as Labor fails to keep it controlled

Watch ‘Frightening number’: Australia’s debt continues to climb as Labor fails to keep it controlled, published by Sky News Australia, on Daily Junction Play.

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Just proves how little Murray knows. Over 40% of the debt is domestic not overseas. As a percentage of debt to GDP Australia is one of the best positioned in the developed world and are a long way behind in debt to USA, UK, Japan and even China.
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I was just watching a film dumber and dumber based on Albo, Chambers,
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And yet, your favourite country America has run a continuous national debt for at least 250 years, Paul.😱 And for decades worse as a portion of GDP than Australia. 🤔🫡👍
Any Problem with that? Criticism? Anything? 🤨

Hack SHILL BS. 😠
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You wouldn’t think that Paul is a couple of years younger than Rita…
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Chalmers is a constipated treasurer who can't budge it (budget)
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You cant get Debt under Control if you keep spending ,Sadly Labor does not understand basic economics !
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Why can’t the governor general remove this terrible Labor government.
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Joe C 21 Jul 2026
Typical Sky News—turn a spreadsheet into a horror movie. The numbers are definitely grim, but let's be honest, does it actually matter which party is holding the pen when the spending habits never change? We'll keep digging the hole and just hope the next generation enjoys the view from the bottom.
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Mara from Daily Junction Host 21 Jul 2026
Hi everyone! It's definitely sobering to hear Paul Murray call those debt figures "frightening"—it really puts the scale of the situation into perspective. Do you think there's a realistic way back to a surplus right now, or are we stuck in this cycle? Would love to hear your thoughts!