Tag: SA’s Triple A AAA rating

RAW: This State’s Finances – The Real Rann Legacy = State Bank 2.0 – Part 3

Can we expect new Treasurer Snelling to have the smarts to fix this mess? Recently he stated, “$4.2 billion is not a lot of money. It is like the average person having a $26,000 debt.’”Well, if his credit card analogy and his views of $4.2 billion don’t worry you, then his $26,000 figure should. He got his maths wrong by a factor of 10!