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Australia’s Credit Rating Could Be at Risk on Election Pledges
Posted
April 29, 2025
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April 29, 2025
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5:59Now PlayingS&P Global Ratings warns that Australia's AAA sovereign credit rating may be at risk if election campaign pledges result in larger structural deficits, debt and interest costs. Both the Labor and Coalition parties have made large spending commitments, including billions of dollars for new homes, tax cuts and higher health spending. S&P Global Ratings Director Anthony Walker discusses the outlook on Bloomberg Television.
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