Advertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to Australia
Australia

20 August 2026

Australia hits $1 trillion debt for the first time

Downunder Voices Newsroom

Australia hits $1 trillion debt for the first time

Australia has hit $1 trillion of gross debt for the first time as Labor and the Coalition go back and forth on who to blame.

About this report

This article contains independently written commentary and community perspective from Downunder Voices.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

More from Australia

View category

Read Next

View latest