NSW could face ‘vicious cycle of spending and debt’ linked to climate crisis and interest payments - short news
State’s finances face gathering threats, including potential stranded assets in coal exports, analysts warnGet our free news app; get our morning email briefing
The New South Wales economy could be facing a “vicious cycle of spending and debt” with taxpayers having to spend potentially billions more on interest payments to bondholders, according to a new report.
NSW’s newly minted treasurer, Matt Kean, who presides over a third of the Australian economy, is expected to..
source: The Guardian - 19.10.2021