States have ramped up spending to pay for ambitious infrastructure projects, prompting ratings agency S&P Global to warn their debts are inflationary.

https://www.brisbanetimes.com.au/politics/federal/states-debt-to-hit-600-billion-putting-pressure-on-inflation-20240229-p5f8rp.html?ref=rss&utm_medium=rss&utm_source=rss_politics_federal

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