Sunday, October 9, 2016

Moody's affirms Australia's AAA



* component assisting rating affirmation on expectation of Australia's confirmed economic resilience will undergo in uncertain worldwide environment
* Australia's reliance on outside financing, accelerated household debt and growing residential assets expenses pose risks
* Moody's affirms Australia's AAA score; continues strong outlook
* Forecast authorities debt to upward thrust to shut to forty one% of GDP via fiscal 2017 and to just below forty five% via the give up of the decade
* assume real GDP boom to stay robust, at around 2.five% from 2017 onwards, after 2.eight% in 2016 source textual content for Eikon.

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