The US-based rating agency, Moody’s Investors Service, affirmed Australia’s sovereign credit rating, in its latest credit assessment report published on Thursday.
Australia's economic features favoring shock absorption, projected continued growth in population, support relatively high growth potential.
Factors supporting rating affirmation include robust and stable GDP growth potential relative to peers.
Also moderate, albeit moderately rising, general debt burden.
And strong institutions that preserve macroeconomic and financial stability.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.