SUBSCRIBERS

Aussie credit rating at risk, Treasurer calls for support to cut deficit

Published Sun, Aug 7, 2016 · 09:50 PM
Share this article.

Sydney

AUSTRALIA'S Treasurer Scott Morrison warned of risks to the nation's top credit rating and urged opposition and minor party lawmakers to back plans aimed at curbing the budget deficit.

Australia's credit score "remains more generally under risk because of the impact of global parameters hitting our budget", Mr Morrison said in a television interview on Sunday with Sky News. "It will be difficult to retain that rating under existing economic circumstances, and we'll work v…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here