Australia: AAA credit rating affirmed by S&P - TDS

Analysts at TDS note that S&P affirmed Australia’s AAA credit rating, following the Dec Mid-Year Economic and Fiscal Outlook (MYEFO). 

Key Quotes

“Together with Australia’s AAA rating from Fitch and Moody’s, Australia continues to be one of only 10 countries that have a AAA credit rating with all three major ratings agencies.  The only catch is S&P also affirmed its negative outlook, absent from S&P and Moody’s.”