Government debt in four Australian states face mass interest jump as COVID-era borrowing refinanced

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https://www.afr.com/policy/economy/states-face-budget-shock-as-226b-in-cheap-covid-debt-comes-due-20260819-p60prh

Government debt in four Australian states face mass interest jump as COVID-era borrowing refinanced

NSW, Victoria, Queensland and South Australia will see their interest bills surge 25 per cent as ultra-cheap pandemic-era debt is refinanced at higher rates.

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Government debt in four Australian states face mass interest jump as COVID-era borrowing refinanced

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