PUBLIC SECTOR NET DEBT
400. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I refer to today's state
budget.
(1) What was the total public sector
net debt at 30 June 2017?
(2) What was the total public sector
net debt at 30 March 2022?
(3) What is the estimated total
public sector net debt at 30 June 2023, 2024, 2025 and 2026?
(4) What was the interest cost for the total public
sector net debt in 2017–18, 2018–19, 2019–20 and 2020–21?
Hon
STEPHEN DAWSON replied:
I thank the Leader of the Opposition
for some notice of the question. The following answer is provided on behalf of
the Treasurer.
(1)–(2) Net
debt is expected to decline for a third consecutive year to $29.9 billion at 30
June 2022, which is the first time since 2015 that net debt has been below $30 billion.
It is almost $14 billion lower than the $43.7 billion projected under the
previous Liberal–National government.
(3) I refer to page 48 of the 2022–23
budget paper No 3.
(4) The answer is in tabular form
and I seek leave to have it incorporated into Hansard.
[Leave granted for the following
material to be incorporated.]
|
2017–18
|
$1,688
million
|
|
2018–19
|
$1,756
million
|
|
2019–20
|
$1,564
million
|
|
2020–21
|
$1,325
million
|