Saturday, March 6, 2021


Home Business News DBRS Morningstar confirms Australia's "stable" AAA rating

DBRS Morningstar confirms Australia’s “stable” AAA rating

Australia’s long-term foreign and local currency rating has been confirmed to be AAA by DBRS Morningstar, with the economic trend said to be “stable”.

According to the global credit ratings business the country’s AAA ratings are underpinned by “considerable fundamental strengths”.

These include Australia’s diversified and “highly productive” economy, sound macroeconomic policy frameworks, and highly effective governing institutions.

“The Stable trend reflects Australia’s credit fundamentals remain very strong despite the economic and health fallout from the pandemic,” DBRS Morningstar said.

“The Australian economy has weathered the COVID-19 shock better than most other advanced economies.

“This is at…

Click here to view the original article.

- Advertisment -
- Advertisment -

Recently Viewed

A possible title fight preview, one day late –

The key takeaway from the Repco Mt Panorama 500 finale was the battle between Shane van Gisbergen and Cameron Waters. The duo engaged in...

Meet Australia’s first homegrown, poo-loving superbugs that are cleaning Brisbane’s sewage – ABC News

They're the poo-loving superbugs that are greening Queensland's sewage systems with their big appetite. Now a Brisbane wastewater plant has farmed enough Anammox...

Wales calls for tougher UK border travel rules to keep covid variants out – Yorkshire Live

First Minister says people should be 'staying at home and to be enjoying all the fantastic things Wales has to offer'

You might also like ...

North American Bitcoin Miner Blockcap Makes Major Hardware Acquisition to Boost Hashing Power