Bloomberg with some headlines from Moody's ratings:

  • Australian fiscal consolidation remains key
  • Credit profile depends on fiscal implementation

More (via Reuters):

  • Expects fiscal consolidation to remain a key policy objective of the Australian government
  • Indications that under a coalition government with a split senate, little agreement can be reached on fiscal consolidation and macroeconomic policy measures would be credit negative
  • Says Australia's credit profile will be determined by whether fiscal objectives are effectively implemented
  • Evidence that measures that would effectively reduce Australia's budget deficit and point to a stabilisation in government debt would support Australia's credit profile