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The chaos in France is a ‘warning signal’ for Australia’s public spending and rising costs

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France’s unrest warns Australia that ignoring public spending and rising costs could trigger similar social and economic instability.

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Australia’s public debt may be well below that of France but there are lessons to be taken from its economic woesGet our daily political email, free app or daily news podcastThe explosion of discontent that led to major protests and violence in France and across Europe is a “warning signal” that Australia could follow the same path without an “honest conversation” about the budget, economists say.Hundreds of thousands marched in cities across France on Saturday to protest underfunded schools, as complaints of insufficient teacher numbers and dilapidated infrastructure mingled with broader discontent about cost-of-living pressures.Sign up for Guardian Australia’s Politics, really newsletter here Continue reading...

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