“Something like two-thirds of the debt in the budget was borrowed by the Government before this outbreak of COVID-19”
What RMIT ABC Fact Check found
Mr Chalmers is correct. When the Coalition came to power in September 2013, gross debt stood at about $280.3 billion. That level of debt was largely the consequence of borrowing undertaken by the former Labor government to help cushion Australia from the global financial crisis, which according to the Reserve Bank began around mid-2007. By the end of January 2020, as Australia began to record its first cases of coronavirus, gross debt was $568.1 billion. On July 22, 2020, the day before Mr Ch...
Their words, from the summary they publish with the rating.
In short
Jim Chalmers (Shadow treasurer) made this claim around 23 July 2020. RMIT ABC Fact Check (Australia) looked into it and published its finding on 13 August 2020, 21 days later. Its rating was “Correct”.
Jim Chalmers has 7 checked claims in this archive. Fact-checking organisations rated 0 of them false or fake, 3 misleading or mixed and 4 true.
Where the claim appeared
Links recorded by RMIT ABC Fact Check. Some posts may have been deleted since.
This check was done by RMIT ABC Fact Check, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.