The Institute of Public Affairs’ Daniel Wild says government debt “has been soaring for some time now” and “can’t just be blamed” on the coronavirus spending required under JobKeeper and JobSeeker.

“Over the last 15 years or so, really since the Global Financial Crisis, we know that debt per person has increased by over ten-fold, from about $3000 for every Australian to about $30,000 for every Australian,” Mr Wild told Sky News host Andrew Bolt.

“But what’s even more worrying is what this means for our interest payments on debt”.

“It’s not just the debt that you’ve accumulated, but it’s all the interest that’s been racked up on that”.