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Showing 1 - 10 of 38 results for "AAA credit rating"

Chalmers applauds $22bn Budget deficit

ELIZA BAVIN  |  TUESDAY, 29 SEP 2026
The Budget deficit in 2025-26 was $22.3 billion, according to the Final Budget Outcome (FBO), with Treasurer Jim Chalmers saying the figure it still $6 billion better than the $28.3 billion estimated in the 2026-27 Budget. As a share of the economy ...

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
Australia has retained its AAA sovereign credit rating form S&P Global, with the ratings agency citing the nations sound fiscal position, modest public debt and strong institutional settings despite heightened global uncertainty. S&P reaffirmed the ...

RBA delivers 'hawkish hold'

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... on 29 October, being low enough." Meanwhile, international ratings agency S&P has reaffirmed Australia's AAA credit rating. "Australia's fiscal performance is sound... Australia's economic outlook is sound. Sound fiscal metrics support our ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
... proposed settlement, O'Donnell said: "As an investor, I am pleased... This is the first time a country with an AAA credit rating has acknowledged climate change is a systemic risk when talking about risks to government bonds." O'Donnell added ...

ASIC detects imposter bond scam

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
The corporate regulator is warning investors of scam bond investment operations targeting Australian investors with claims of high yield bond investments. The scammers are claiming to be from reputable domestic and international financial firms when ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... businesses doubt they can survive latest lockdown The Australian: Victoria lockdown to slash GDP and risk state's AAA credit rating The Sydney Morning Herald: Victorian lockdown make RBA decision tougher It could get worse, for as news.com.au reports ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... structural integrity of the Budget with all three major credit ratings agencies having now reaffirmed Australia's AAA credit rating during the pandemic." The economic support in response to COVID-19 is estimated to have increased the level of real GDP ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... spend to save the economy from its first and only recession in 29 years. Even better, Australia has retained its AAA credit rating despite the government's massive spending. As Moody's Investor Service noted when it recently maintained Australia's ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
S&P Global Ratings revised Australia's AAA credit rating outlook to negative in the wake of the economic impacts of COVID-19. The AAA credit ratings for NSW and Victoria were also revised to "negative" by S&P. The outlook revision does not guarantee ...

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
The US Federal Reserve is poised to announce another 25 basis point taking the fed funds rate to 2%-2.25% when it concludes its September FOMC meeting later today. That wouldn't be a surprise. Another 25 basis point hike in December also wouldn't ...
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