The Australian Federal Government’s cumulative cash balance between 2008/09 and 2013/14 was deep in the red, at $ -241 bn. If company tax had continued to grow at pre-GFC levels this deficit…
Tag: debt crisis
Brisbane Airport Link: another tollway miracle of growing debt and assumed traffic growth (part 1)
Summary Brisconnections’ Airport Link is based on a financing model with increasing debt until 2026 and repayment of debt only after 2035. In the context of the evolving debt crisis – which…