Moody's says Australian corporate outlook for 2017 is stable

Moody's on Australia, report: "Non-Financial Corporates -- Australia, 2017 Outlook: Stable for All Sectors".

• Outlook for corporate sectors in Australia is stable during 2017
• Most corporates also show solid balance sheets and liquidity
• Financial leverage is moderate as are refinancing needs
• Pressures remain in mining-related sectors, although such companies are also improving from previously weak levels
• Moody's core outlook is for a modest increase in earnings growth
• Driven by an improvement in the domestic economy
• Moody's forecast 2.0 to 3.0% GDP growth in 2017
• Accommodative monetary policy