Australia’s AAA rating at risk from big spending
Australia has been warned big spending could threaten its AAA rating.
A new report says Australia’s AAA credit rating is reliant on strong fiscal outcomes.
S&P Global Ratings Primary Credit Analyst Anthony Walker discusses this with Ross Greenwood.
“If the government averages deficits of around 3 per cent… that there may be inconsistent with a AAA credit rating.”
Click PLAY below to hear the full interview
Image: Getty/Laura Reid