Living on Borrowed Money

The NT Government spends more money than it earns. Ever heard of Territory Bonds? That is how the NT Government borrows money. See the link below.

https://nt.gov.au/employ/money-and-taxes/borrowing-and-investment/territory-bonds

The future is really boundless when you do not have to pay the money back and you now live on the Gold Coast. And that is where most of our high flier politicians will be in a few years time.

The NT is living beyond it’s means!

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