2026-02-17 06:14:34 UTC

npub15t…s67mv on Nostr: A snapshot of the state of Australia's public budgets, by the independent ...

A snapshot of the state of Australia's public budgets, by the independent Parliamentary Budget Office, shows total net debt held by the states, territories and federal governments will reach $1.1 trillion next financial year.

How big is a trillion?

A million seconds ago was February 5th.

A billion seconds ago was 1994.

A trillion seconds ago was 30,000 B.C.

That's around $40,500 per head of population, includes babies and anyone over age 90.

🤭🫣🧡