Original article by David Uren
The Australian – Page: 1 & 6 : 12-May-16

Rating agencies have indicated that Australia’s ballooning foreign debt could prompt a review of the nation’s coveted "AAA" credit rating. Australia’s foreign debt has risen from 50 per cent of GDP to 62 per cent over the last three years, and it is now around $A1trn. Banks account for more than 50 per cent of Australia’s foreign debt, while the federal and state governments account for 25 per cent.

CORPORATES
STANDARD AND POOR’S CORPORATION, MOODY’S INVESTORS SERVICE INCORPORATED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB