Australia averts AAA downgrade as budget keeps surplus ambitions
But rating companies remain pessimistic about government's projections
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Sydney
AUSTRALIAN Treasurer Scott Morrison has bought himself some time after the nation's AAA rating escaped a downgrade following a budget update on Monday.
But he's not out of the woods yet.
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern