
‘Drowning men’: Albanese and Chalmers ‘in trouble’ when Australia’s debt reaches $1 trillion
April 9, 2026
Sky News Australia
Sky News host Peta Credlin details how Prime Minister Anthony Albanese is “in trouble” when Australia’s debt reaches $1 trillion in a few weeks. “But first – the Albanese Government is in trouble when Australia's debt hits $1 trillion in a few weeks’ time, at the same time as our inflation rate continues to climb, and the fuel crisis bites hard into the ability of businesses to survive and workers to hold their jobs,” Ms Credlin said.
“It's why the Prime Minister today, and his Treasurer, both used the Iran war as justification for what's likely to be months of economic choppy waters. And they will grab it like drowning men grab a life raft, because they both know their spending and lack of budget discipline on things like the NDIS have got us into this position, and if they can blame Donald Trump, they might just get away with it.”
Sky News Australia
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