Moody’s affirms Australia’s AAA rating; maintains stable outlook

Moody’s affirms Australia’s AAA rating; maintains stable outlook


Ratings assessment by Moody’s on Australia

  • Australia’s economic features favouring shock absorption, projected continued growth in population, support relatively high growth potential
  • Factors supporting rating affirmation include robust and stable GDP growth potential relative to peers
  • Also moderate, albeit moderately rising, general debt burden
  • And strong institutions that preserve macroeconomic and financial stability
The full report can be found here. At least it’s something that won’t pile more misery on the aussie today.



Source link

Facebook Comments

Leave a Reply

Your email address will not be published. Required fields are marked *