Former treasurer Peter Costello criticises the Labor government for plunging Australia into a trillion dollars of debt, describing the situation as “heartbreaking”.
“It’s heartbreaking to have worked so hard and to have got Australia into such a good position … Australia stood out, and we were admired around the world,” Mr Costello told Sky News host Peta Credlin.
“Rather than this being a gift to generations of future Australians, we’ve now borrowed a trillion dollars.”
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