The State’s net debt?
What is it?
Apart from being a measure thrown into Government media releases whenever convenient?
Premier Giddings was at it again the other day reassuring us that the $15 million to be spent at Blundstone Arena (nee Bellerive Oval) would be responsible adding it “is not until the 2014-15 year after we've come out of net debt”.
Let’s have a look again at the latest Treasurer’s Annual Report for 2011/12.