Australia's Debt Burden Swells as Tax Authority Misses Revenue Target
2025-03-22
The Daily Star
The National Board of Revenue's failure to meet its revenue target has forced the government to resort to borrowing, thereby increasing the country's debt burden. According to NBR Chairman Abdur Rahman Khan, this trend is unsustainable and may lead to long-term economic instability. With the government's ambitious budget and increasing expenditures, the need for effective revenue management and debt reduction strategies is more pressing than ever. Key issues include budget management, debt reduction, and economic stability.
