Economy
The chaos in France is a ‘warning signal’ for Australia’s public spending and rising costs
Australia’s public debt may be well below that of France but there are lessons to be taken from its economic woes
Published
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The explosion of discontent that led to major protests and violence in France and across Europe is a “warning signal” that Australia could follow the same path without an “honest conversation” about the budget, economists say.
Hundreds of thousands marched in cities across France on Saturday to protest underfunded schools, as complaints of insufficient teacher numbers and dilapidated infrastructure mingled with broader discontent about cost-of-living pressures.
