Debt risk 'too high' for credit rating upgrade – S&P
One of the big three credit ratings agencies is holding New Zealand at double-A.
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A dependence on population growth and high household indebtedness are dampening New Zealand’s hope of a re-rating by one of the big three global credit agencies.
The head of sovereign risk at S&P Global Ratings, Craig Michaels, says these two factors weigh against restoring New Zealand’s
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Nevil Gibson
Mon, 14 Aug 2017
Mon, 14 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Debt risk 'too high' for credit rating upgrade – S&P
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