Business

Jessica Irvine

Jessica Irvine is a senior economics writer for Fairfax Media.

There's no such thing as 'good' debt and 'bad' debt.

Why it's silly to debate 'good' versus 'bad' debt

The Treasurer, Scott Morrison, strayed into some rather silly territory this week in a speech seeking to lay down a new set of markers for the budget, divvying up government debt into "good" and "bad" debt.