There are only 100 days to go from today until gross debt is expected to crash through the half-a-trillion dollar mark under the Turnbull Government.

The Australian Office of Financial Management revealed during Senate Estimates that gross debt was likely to reach that threshold by the end of July.

Scott Morrison, Malcolm Turnbull and Mathias Cormann like to blame everyone but themselves but the Liberals’ incompetence has been on display now for almost four years.

When Malcolm Turnbull was Opposition Leader in 2009, he posed in front of a “debt truck” during the peak of the Global Financial Crisis when the projected debt was around $300 billion.

Now that actual debt will soon hit $500 billion on his watch, it’s time for the Prime Minister to get the so-called debt truck back on the road.

Under the Liberals, gross debt has blown out by more than $209 billion; net debt has blown out by $100 billion for the current year; the deficit for this year has more than tripled and Australia’s prized AAA credit rating is under serious threat.

At the same time, wages growth is at record lows, unemployment is at the same level as the peak of the Global Financial Crisis and more Australians than ever can’t get enough hours at work.

The Liberals are better economic managers? Don’t think so.