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'Questions to Answer': Treasurers Spar over Credit Blow

Debt is forecast to top $216 billion by 2029-30, and interest costs are expected to reach $11 billion, raising pressure on the state's finances.

Queensland is poised to lose its AA+ credit rating amid a surge in global bond yields, sparking a blame game between the state and federal treasurers.

9 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Queensland poised for dreaded rating downgrade amid spiralling debt

The first downgrade in nearly 20 years has triggered a war of words between the state LNP government and federal Labor.

·North Sydney, Australia
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Australian Financial Review broke the news in Sydney, Australia on Thursday, September 10, 2026.
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