QLD's credit rating downgraded; Government info leaked by Tax worker; Fire in Townsville CBD | 7NEWS

By 7NEWS Australia

Community Score: 50% | 434 views | 4w

0 community ratings: null thumbs up, null thumbs down

Queensland's credit rating has been downgraded for the first time in 17 years, with ratings agency S&P citing inflation, rising interest rates, higher wages and a softening property market, coming amid concerns over spending on infrastructure and the 2032 Olympics, with state debt forecast to reach $216 billion by 2030. A tax office worker on the Gold Coast has been arrested, accused of giving away sensitive government information to organised crime groups. Smoke towered over city buildings in Townsville's CBD as flames raced through the heritage-listed Great Northern Pub. Subscribe and set 🔔 » https://7news.link/YTSubscribe | For the latest Australian news and breaking news alerts, connect with 7NEWS online: Visit » https://7news.com.au 7Plus » https://7plus.com.au/ 7NEWS Podcast » https://open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi Facebook » https://www.facebook.com/7NewsAustralia TikTok » https://www.tiktok.com/@7newsaustralia Instagram » https://www.instagram.com/7newsaust

Tags: 7NEWS, 7NEWS Australia, 7newsaustralia, News, Olympics 2032, Queensland, australia, breaking news, budget, channel 7, credit rating, latest news, latest news today, news australia, seven news, state debt