You're saying that it should typically be done every three years. Right now, we're increasing the borrowing capacity every 18 months, or every year and a half.
The deficit rose to $78 billion for 2025-26. The projected deficit is $65 billion for 2026-27, $64 billion for 2027-28, $58 billion for 2028-29 and $57 billion for 2029-30. That's a total of $321 billion.
Debt charges in 2025-26 are $55.6 billion. That's more than all the GST collected across the country.
Now we're printing money. The debt continues to grow.
How do you see the debt progressing? Do you see that we're headed for a wall? When can we expect to return to a balanced budget?