Original article by Philip Baker
The Australian Financial Review – Page: 1 : 20-Dec-16
S&P Global Ratings, Moody’s Investors Service and Fitch Ratings have decided against downgrading Australia’s AAA credit rating following the release of the Mid-Year Economic and Fiscal Outlook on 19 December 2016. However, S&P warned that Australia’s fiscal position could worsen. Stephen Walters, chief economist at the Australian Institute of Company Directors, says Australia is almost certain to lose the highest credit rating.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. DEPT OF FINANCE, S&P GLOBAL RATINGS, MOODY’S INVESTORS SERVICE INCORPORATED, FITCH RATINGS LIMITED, AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS