Bankrupt New South Wales has fallen to Queensland

It was on TV, so it must be true - in fact Seven News featured New South Wales as Queensland in a graphic (watch the video).

Also in this news story, not only has New South Wales been swallowed up by Queensland, they are no longer capable of making buses and trains.

That is now done in other states of Australia. However, maybe not everyone is happy with this new arrangement as some are bailing to other parts of the country...