As Jim Chalmers sets about his job as Treasurer, he is
rightly pointing to the challenges of meeting community expectations in the
face of the current levels of public debt.
For decades our politicians have known that demographic trends
and growing community expectations for services and support have seen cost
projections outpacing those for government revenues but have obfuscated the problem for political expediency.
We need to come together as a community and face economic
reality and agree on reasonable expectations for the services we require from the
government and how we will pay for these.