Shadow Treasurer Chris Bowen told the National Press Club that a Labor government would “show the ratings agencies the quality of our plans.”
The S&P Global report cites the potential for low wage growth and low inflation as a 'downside risk' for the projections on getting to budget balance.
The populism politics adopted by South Africa's ruling party, African National Congress, mask a strategy to deflect attention from the party's policy failures and to hide its many scandals.
South Africa’s new Finance Minister Malusi Gigaba.
An ideological debate is desperately needed to sort out options South Africa could pursue to find a way out of its economic morass.
What has been lost in stating the case for South Africa's credit rating is a tangible plan for strengthening governance and regulation of its state owned enterprises.
South Africa’s President Jacob Zuma looks on as his new cabinet members are sworn in.
The best chance South Africa has of recovering from sub-investment grade credit rating status is to have leaders who are prepared to break rank with the small-mindedness of the ruling party.
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Richard Drew/AP Photo
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South Africa faces a possible downgrade by credit rating agencies.
Credit ratings have an impact on government, as well as ordinary people. This article was first published last year as South Africa faced a possible downgrade.
Rating agencies like Standard and Poor’s have a bad track record when it comes to advice on the economy.
Credit rating agencies have a poor track record when it comes to evaluating risk.
Australia is one of a small number of countries that enjoy a AAA rating.
Image sourced from shutterstock.com
Ratings agency S&P seems unconvinced of the Australian government's ability to reduce the budget deficit.
A free trade agreement with the EU now needs to be the focus of Australia’s attention.
Any sentimental colonial ties should be put aside; Australia's best trade chance lies with Europe.
Investors around the world use ratings from agencies like S&P, Moody and Fitch to make investment decisions. But if all goes wrong, are the agencies to blame?
One of the world’s largest ratings agency, Standard & Poor’s, is back in court appealing the Federal Court’s landmark decision that it was responsible for the losses incurred by 13 New South Wales…
Despite his electoral success earlier this year, WA premier Colin Barnett has suffered a string of economic blows - the latest being a credit rating downgrade and the rejection of his proposed raise in the GST.
2013 hasn’t been a good year for Western Australian premier Colin Barnett. Standard and Poor’s recent downgrade of his government’s credit rating continues a pattern. It is not an aberration. Barnett’s…