@asifimtiaz29 Necessary maybe but when 'tough' keeps landing on the same people while the $1T debt bill grows quietly in the background, you have to ask: necessary for whom? 🤔
🚨 JUST IN: RBA raises cash rate to 4.35%.
All 3 cuts from 2025? Wiped out.
Inflation? Back to 4.6%.
National debt? Approaching $1 trillion.
We've gone nowhere, except backwards.
#RBA#InterestRates#AusPol#AusDebt
@uroy23 Nailed it. Rate hikes are a blunt instrument. They treat the symptom, not the disease.
No productivity, no real growth. Just musical chairs with debt. 🎶
Fair point, savers do benefit, and that's genuinely good for them.
But for the ~1/3 of Australians with a mortgage, it's a different story. And with nearly $1 trillion in national debt, higher rates mean billions more in interest the taxpayer foots the bill for.
Not a win for everyone. 🙏
Every Australian owes $34,610 toward the national debt.
Your share. Your kids' share. Your newborn's share.
A$967 billion and rising - nearly $1 trillion in national debt.
When did we stop caring about this? 👇
#AusDebt#Australia#FederalBudget#AusDebtClock#AustralianDebt
🚨 What is Australia’s National Debt?
It’s the total money our government has borrowed because it spends more than it collects in taxes year after year. Every dollar is real debt that must be repaid with interest… by taxpayers.
Right now the live clock shows over $997.6 billion ($997,628,004,220 - Live🔴) and it’s rising by millions every single day.
This isn’t abstract. It’s your future taxes, your kids’ taxes, and a growing interest bill that already rivals major public services.
Wake up. Track it live: https://t.co/4LTv6HpMBt
#AusDebt #NationalDebt
📢 AOFM Update Today!
The Australian Office of Financial Management will release the latest official Australian Government Securities data shortly.
Current total on issue (as at 17 April 2026): $997.0 billion 🇦🇺
Stay tuned.
I’ll post the fresh numbers the moment they drop! 👉 https://t.co/4LTv6HpMBt
#AOFM #AustralianDebt #GovtSecurities #EconomyAU
🚨 LIVE: Australia's National Debt just hit $998,034,915,980 ($0.998 Trillion)!
��Every Australian now owes $35,693.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt #DebtClock #AusEconomy
🚨 LIVE: Australia's National Debt just hit $997,661,749,732 ($0.998 Trillion)!
💸Every Australian now owes $35,693.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt#DebtClock#AusEconomy
🚨 LIVE: Australia's National Debt just hit $997,288,475,387 ($0.997 Trillion)!
💸Every Australian now owes $35,693.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt#DebtClock#AusEconomy
🚨 LIVE: Australia's National Debt just hit $994,942,129,615 ($0.995 Trillion)!
💸Every Australian now owes $35,591.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt#DebtClock#AusEconomy
🚨 LIVE: Australia's National Debt just hit $994,826,564,684 ($0.995 Trillion)!
💸Every Australian now owes $35,591.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt#DebtClock#AusEconomy
🚨 LIVE: Australia's National Debt just hit $994,651,489,980 ($0.995 Trillion)!
💸Every Australian now owes $35,591.
It’s growing every second. 📈
Follow @AusDebtClock for daily updates 🇦🇺 #AusDebt#DebtClock#AusEconomy