Credit agencies unmoved by Australia's worsening deficit, slower growth
The triple A rating is not in danger as $A10 billion is added to fiscal deficit and surplus is pushed back to 2020-21.
Rating agencies have given Australia a pass despite a worsening federal government fiscal deficit and forecasts of a further decline in economic growth.
The Mid-Year Economic and Fiscal Outlook (MYEFO) released yesterday revealed more than $A10 billion has been added to the cumulative budget
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Nevil Gibson
Tue, 20 Dec 2016
Tue, 20 Dec 2016
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Credit agencies unmoved by Australia's worsening deficit, slower growth
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