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Aussie credit rating under threat

Tuesday, July 5, 2016 - 05:50
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A national election result leaving Australia without a strong majority government threatens to undermine the nation's top credit rating.

Sydney

A NATIONAL election result leaving Australia without a strong majority government threatens to undermine the nation's top credit rating.

The danger stems from an intractable budget gap that, to reverse, would require tax increases, spending cuts or structural reforms to