Government spending now makes up a record 28% of GDP, up from 21% a decade ago. Between 2022-2024, it drove 55% of GDP growth—far outpacing private sector contributions. 

Federal spending alone accounted for 32% of GDP growth under the Albanese government (2022-2024), up from 22% under the Coalition (2013-2020) and 13% under Rudd-Gillard (2007-2013). 

With $70B per quarter in federal spending (50% more than 2013-2020), we’re seeing growth fueled by government, not business, not innovation. 

Is this sustainable?