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The chaos in France is a ‘warning signal’ for Australia’s public spending and rising costs

· theguardian.com · popularity 35/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

Australia’s public debt may be well below that of France but there are lessons to be taken from its economic woes Get our daily political email , free app or daily news podcast 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 against school underfunding, as complaints of insufficient teacher numbers and dilapidated infrastructure mingled with broader discontent about cost-of-living pressures. Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

Found in: Guardian World. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 18.