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Articles sur Credit rating

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MYEFO is more positive about the 2016-17 budget bottom line than previous expectations. However, projections over the forward estimates have worsened. Lukas Coch/AAP

2016-17 MYEFO experts’ response: more of the same is not good enough

While MYEFO discussion focuses on the budget deficit, experts say it also serves as a stark reminder of the need for bigger policy ideas in Canberra.
Scott Morrison said the Moody’s affirmation was a ‘welcome boost’. Mick Tsikas/AAP

Australia’s AAA rating affirmed by Moody’s

Moody’s has reaffirmed Australia’s AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
Australia is one of a small number of countries that enjoy a AAA rating. Image sourced from shutterstock.com

Vital Signs: goodbye AAA Australia?

Ratings agency S&P seems unconvinced of the Australian government’s ability to reduce the budget deficit.
Bob Katter, leader of Katter’s Australian Party, said he had provided support ‘with no great enthusiasm’. Dan Peled/AAP

Katter backs Turnbull, as credit agency puts Australia on notice

Crossbencher Bob Katter has given his support on supply and confidence to a Coalition government after a meeting with Prime Minister Malcolm Turnbull in Brisbane.
In his Tuesday National Press Club address, Chris Bowen highlighted the need to preserve Australia’s AAA credit rating. Dean Lewins/AAP

Aspiring treasurer Chris Bowen looks fit for purpose

Chris Bowen presented at the National Press Club on Tuesday as a well-prepared alternative treasurer, who could slot into the real job very easily if July 2 brought the chance. “Neat” is the word that…

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