Senate debates

Wednesday, 24 February 2010

Questions without Notice

Economy

2:06 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

If Senator Joyce is going to go out in the media and talk about gross debt and net debt he should understand these concepts. His performance this morning is well worth a look. The IMF points out that the ratio of gross debt to GDP in advanced economies will rise to 73 per cent in 2007—

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