The Long View
The Long View
May 4, 2020
Episode 3 - Public Debt
Play • 54 min
The Australian Government’s response to COVID has created a mountain of public debt. And there is a lot more to come.

In this episode of The Long View, Clare chats with Emma Dawson from Per Capita and Danielle Wood from the Grattan Institute about what this means for Australia.

Is public debt bad? Do we really need to pay it back? Who should pay it back? How? When? How does Australia’s balance sheet compare to other countries? And why has it been so hard for Australian treasurers of recent times to deliver a surplus?

Clare, Danielle and Emma chew over these conundrums, as well as unpacking Modern Monetary Theory, opinion polls, land tax, and what it might take to get Australia out of the economic hole COVID will leave it in.

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