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Trump is grappling with a growing mountain of US national debt.

Trump’s $56 trillion problem is spiralling out of control

When he first became president in 2017, Donald Trump promised to eliminate US government debt within eight years. Since that promise was made, the debt has almost doubled.

  • Stephen Bartholomeusz

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The dramatic surge in US government debt in only the first year of Trump’s second presidency – about $US2 trillion, and rising, has been added – have raised concerns about America’s longer term fiscal stability.

Trump has opened the door for Europe to attack

The president’s erratic policies have created the best chance in the 75-year history of the “European Project” to erode the dominance of the US dollar.

  • Stephen Bartholomeusz
Michael Brennan says state and federal budgets are in a fragile position.

Nation’s taxpayers not enough to pay for ballooning deficits

State and federal budgets will have been in the red for 20 years by 2028. A new report says workers face more tax to get them in the black.

  • Shane Wright
Economic pressures have increased on Iran since Donald Trump returned to office in 2025.

GFC 2.0? Trump is taking a big risk with America’s banks

The Donald Trump administration is close to finalising a new set of rules for its banks as it looks to turbocharge US economic growth. The consequences could be damaging.

  • Stephen Bartholomeusz
Trump has a unique way of interpreting economic data.

Trump’s ‘Golden Age’ is still a fairytale

The US president doesn’t seem to understand what the latest economic numbers mean for one of his biggest promises.

  • Stephen Bartholomeusz
Sanae Takaichi

The ‘Iron Lady’ looking to shake up the world order

Sanae Takaichi’s landslide Japanese election win gives her the green light for her ambitious economic plans. How she executes them matters for all of us.

  • Stephen Bartholomeusz
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Trump’s chaotic administration during his second term has shaken up markets.

Trump’s gold rush: America has the world running scared

The first year of the US president’s second term has been chaotic and generated a raft of uncertainties and risks for other countries and their economies.

  • Stephen Bartholomeusz
Premier Jacinta Allan and Treasurer Jaclyn Symes

Public service report casts a harsh light on state’s spending

The government’s ambitions have galloped far ahead of its capacity to pay for or properly deliver them.

  • The Age's View
Jim Chalmers delivers his fourth budget earlier this year. Along with financial blueprints of the states and territories, it told a story of more debt .

Government interest bills soar as public debt tracks $1 trillion

The federal, state and territory governments are now on track to spend more on the interest repayments on debt than on the NDIS.

  • Shane Wright
Trump has embraced the crypto industry in his second term.

Trump’s act of genius could spark trouble in the world’s most important market

We are getting a first-hand look at just how risky the Trump administration’s plan to bring crypto assets into the mainstream of the US financial system is.

  • Stephen Bartholomeusz