S&P: Australia budget update has no immediate rating impact

Author: Eamonn Sheridan | Category: News

We heard already from Fitch and Moody's, now S&P chimes in

More from S&P:
  • Australia budget further pressures rating
  • Still pessimistic about Australia meeting targets by 2021 ... pessimistic about the government's ability to close the existing budget deficits and return a balanced budget by 2021

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Earlier from the other two:

And, ps. ... a little more coming from Fitch now (these via Bloomberg):
  • Projection of Australia's debt trajectory consistent
  • Australia sensitive to material deterioration to debt
  • Australia sensitive to change in magnitude of potential shocks
  • Australia's public debt ratios remain in line with ratings

So, there ya go .... All 3 major agencies affirmed AAA rating