While the government is busy telling workers to tighten their belts, they have announced plans to increase defence spending by more than 20 per cent. The reasons outlined for this enormous increase have been explained in the government’s Defence White Paper which was released in May. Advertisements
The Bligh State Labor Government in Queensland is set to sell off $15 billion worth of public assets. The Government claims that with most of their trading partners in recession, they need to raise billions of dollars in order to maintain government services and their AAA credit rating.