Auditor-General Brendan Worrall has handed down his report into the Australian state of Queensland’s finances for 2020, finding that the state government is at risk of unduly burdening future generations of Queenslanders with debt. This is primarily being driven by the pandemic’s impact, which has seen Queensland’s revenue going down and expenses going up. Over the next four years, the Palazczuk government will rely on borrowings, with government debt forecast to reach $121 billion as the state prioritises support for economic recovery over fiscal targets. Worrall warned that this could be risky. “Over the long term, the state must be able to fund its operations and a significant portion of its capital program from the revenue it earns,” the auditor-general wrote. “This is to ensure that a burden of debt is not unduly placed on future generations without the benefit of supporting assets and the services they provide.” Worrall said …