RBA drops rates hint as Australia maintains AAA status
Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.
Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.
A state government can fix a credit rating outlook downgrade in its first budget after an international agency identified "significant fiscal deterioration".
Project cost blowouts and extra government spending could put too much pressure on a state's budget for it to retain its longstanding AA+ credit rating.