Which is the most indebted state or territory in Australia?
From AI
As of now, Victoria is the most indebted state in Australia. It has accumulated a significant debt of approximately $272 billion by the forecast of 2028-29. This figure represents a substantial increase, with borrowing per capita set to reach around $32,400.
Here are some related articles for more in-depth information:
- State debt to top $900b, triple pre-pandemic levels – AFR
- Victoria most indebted state in the world, highest taxes … – IPA
- How Victoria became one of the rich world’s most indebted … – AFR
- Public sector debt analysis 2019-20 – ABS
For more specifics on financial comparisons, please check the links provided.
Wow!