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South Australia's interest bill will eat a third of tax revenue by 2030
✓ ThenightlyMoney & Work

South Australia's interest bill will eat a third of tax revenue by 2030

South Australia faces the nation's highest interest costs, expected to consume 33.4% of tax revenue by 2029-30 as MotoGP borrowing and higher rates compound.

Why it mattersRising interest costs squeeze money available for schools, hospitals and services, forcing tough budget choices for years to come.

AustraliaSouth Australians will see less funding for public services as more tax revenue flows to debt interest rather than hospitals, schools and infrastructure.

✓ Claims checked against the source. checked 2 h ago

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