Original article by Lily McCaffrey
The Australian – Page: 6 : 4-Jun-25

Victoria’s Treasurer Jaclyn Symes will hold meetings with global credit ratings agencies in New York on Friday. Symes has told parliament’s public accounts and estimates committee that there has been no indication from the ratings agencies that Victoria’s credit rating may be subject to an unfavourable review. The issue came under scrutiny earlier in 2025 when S&P Global warned that the government must demonstrate "fiscal discipline" if it hopes to retain the state’s AA/Stable credit rating, which had been downgraded from triple-A in 2020. The Treasury has advised that it has not undertaken any modelling on the impact of a further credit rating downgrade on the state’s budget position.

CORPORATES
VICTORIA. DEPT OF TRANSPORT, S&P GLOBAL RATINGS