The Times Australia
Google AI
Business and Money

Yes government debt is cheap, but that doesn't mean it comes risk-free

  • Written by Tony Makin, Professor of Economics, Griffith University
Yes government debt is cheap, but that doesn't mean it comes risk-freeRost9/Shutterstock

The financial response of Western governments to the COVID-19 crisis has been gargantuan, with boosts to health expenditure, enhanced JobSeeker-like payments, and JobKeeper-like wage subsidies to keep workers attached to jobs.

While a strong response has been necessary, it has come with costs.

These have been huge budget deficits...

Read more: Yes government debt is cheap, but that doesn't mean it comes risk-free

Business Times

Australia has set new expectations for AI data centres – they sho…

Yesterday, the Australian federal government released new expectations[1] for data centres and artificial intelligence ...

AI Is Already Here. The Question Is Whether Your Business Is Buil…

We sat down with Nirlep Adhikari — CTO at LoanOptions.ai and Founder of Mount Mindforce — to cut through the noise and ta...

Is Hiring a Web Developer Still Worth It?

It’s a fair question to ask in 2026. With AI tools promising to build you a website in minutes and drag-and-drop platform...

The Times Features

HARRY POTTER™: THE EXHIBITION TICKETS NOW ON SALE!

An Enchanting Exhibition Celebrating the world of Harry Potter Opens in SYDNEY on 14 MAY Get r...

Leader of The Nationals Matt Canavan - Sky News Interview

SKY NEWS TRANSCRIPT WITH HOST PETER STEFANOVIC; FUEL CRISIS; PAGE RESEARCH CENTRE REPORT ON LIQUID F...

Taste Port Douglas 10-year celebration

Serving up more than 40 events across four days, the anniversary edition  promises a vibrant cel...

Is dark chocolate healthier than milk chocolate? 2 dietitians explain

Easter chocolate is all over supermarket shelves. Some people reach straight for milk chocolat...

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A central element of Australia’s superannuation system is the superannuation guarantee[1] (SG). ...

Grants open for port communities across the Hunter and Northern Rivers regions

Local organisations doing important work across the Hunter and Northern Rivers regions are being...

AI Is Already Here. The Question Is Whether Your Business Is Built for It

We sat down with Nirlep Adhikari — CTO at LoanOptions.ai and Founder of Mount Mindforce — to cut...

Cleared to Land — and Cleared to Die: How a Runway Failure Killed Two Pilots in Seconds

A modern passenger jet, operating under full clearance, descending onto a controlled runway at o...

Leader of The Nationals Matt Canavan - press conference

CANBERRA PARLIAMENT HOUSE PRESS CONFERENCE WITH SHADOW WATER MINISTER MICHAEL McCORMACK; MURRAY-DA...