Australia's triple-A ratings safe for now

By Colin Brinsden, Aap Economics and Business Correspondent
Updated October 7 2020 - 10:21am, first published 10:14am
Australia's triple-A credit rating appears safe despite a looming government debt of $1 trillion.
Australia's triple-A credit rating appears safe despite a looming government debt of $1 trillion.

Australia's huge budget deficit and government debt topping $1 trillion for the first time doesn't seem to be troubling the world's major credit rating agencies, at least at this stage.

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