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› Trump threatens ‘economic warfare on unprecedented scale’ against Iran and supporting nations › ‘Decisions soon’: KPMG starts talks on staff purge › ASX rises ahead of jobs data, led by gold miners and tech stocks › Alan Jones trial live updates: ‘Complainant C’ cross-examination continues after text messages showing rift between former 2GB radio figures revealed › West Coast Eagles captain Liam Baker on importance of players as role models amid Sydney Swans suspensions › AI bias isn’t just an error in the algorithm. It’s a chain of human decisions › No ego, no hierarchy, no boss: How to survive touring the world with your brother › ‘Bursting at the seams’: The schools that can’t keep up with student growth › Forgot Book Week? Emergency costumes that require zero craft skills › Scarlet Vas: Former Neighbours star expecting second child with step brother and husband Tayo Ricci › Trump threatens ‘economic warfare on unprecedented scale’ against Iran and supporting nations › ‘Decisions soon’: KPMG starts talks on staff purge › ASX rises ahead of jobs data, led by gold miners and tech stocks › Alan Jones trial live updates: ‘Complainant C’ cross-examination continues after text messages showing rift between former 2GB radio figures revealed › West Coast Eagles captain Liam Baker on importance of players as role models amid Sydney Swans suspensions › AI bias isn’t just an error in the algorithm. It’s a chain of human decisions › No ego, no hierarchy, no boss: How to survive touring the world with your brother › ‘Bursting at the seams’: The schools that can’t keep up with student growth › Forgot Book Week? Emergency costumes that require zero craft skills › Scarlet Vas: Former Neighbours star expecting second child with step brother and husband Tayo Ricci

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Live: Australia's debt hits $1 trillion as US debt passes $US40 trillion threshold

ABC News Australia - Top Stories · 20 August 2026 at 7:42 am

Australia's debt reaches $1 trillion as US debt passes $US40 trillion threshold.

The ASX opens higher.

Follow the day's events and insights from our business reporters on the ABC News live markets blog.

Read the full article on ABC News Australia - Top Stories ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.abc.net.au — the content belongs to ABC News Australia - Top Stories.

This story in other outlets

Australia’s national debt hits $1 trillion milestone

PerthNow · 40 min ago

US national debt crosses $40 trillion threshold

PerthNow · 2 h ago

Government debt to hit $1 trillion today

Sydney Morning Herald - National · 4 h ago

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Trump threatens ‘economic warfare on unprecedented scale’ against Iran and supporting nations

7NEWS Australia · 11 min ago

‘Decisions soon’: KPMG starts talks on staff purge

The Age - Home · 11 min ago

ASX rises ahead of jobs data, led by gold miners and tech stocks

The Age - Home · 14 min ago

Alan Jones trial live updates: ‘Complainant C’ cross-examination continues after text messages showing rift between former 2GB radio figures revealed

Sydney Morning Herald - National · 15 min ago

West Coast Eagles captain Liam Baker on importance of players as role models amid Sydney Swans suspensions

PerthNow · 15 min ago

AI bias isn’t just an error in the algorithm. It’s a chain of human decisions

The Conversation Australia · 17 min ago