Govt Spend Warning

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The A.C.T. Government’s been warned about continued high spending.

New taxes were revealed in the recent territory budget as well as increases to existing charges.

The A.C.T. retained its DOUBLE A PLUS credit rating, But overall spending by the Government has been flagged as an on-going problem.

S&P Global Ratings believes the territory was unlikely to return to cash operating surpluses for some time.

The agency also believes, debt could be pushed above previous expectations.

The post Govt Spend Warning appeared first on 2CC Talking Canberra.