'It's bad, but not as bad as Cyprus'

Whitsunday Regional Council is apparently 'this close' to becoming insolvent - here is a comparison of its debt with Cyprus.

	Whitsunday Council	Cyprus
Debt	$100,000,000	$12,000,000,000
Population	37,000	1,117,564
Debt per person	$2,702	$10,737
Annual Interest at 5.25%	$5,250,000	$630,000,000
Interest / person / year	$142	$563