Australian Election Losers Could Include Triple-A Rating - News Summed Up

Australian Election Losers Could Include Triple-A Rating


SYDNEY—Australia could lose its rare triple-A credit rating after a tight general election raised questions about the next government’s ability to curb spending and bring down debt. The election remains too close to call, but the prospect of a lengthy period of political instability—such as a hung parliament in the 150-seat House of Representatives, where governments are formed—complicates Australia’s challenge in revving up an...


Source: Wall Street Journal July 04, 2016 11:15 UTC



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