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Moodys warns climb in Australian govt debt would be credit negative

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Moodys rating agency is crossing the wires, noting that a climb in Australian government debt would be credit negative Bloomberg reports.

    Headlines

    Australian federal spending cuts may be modest

    Climb in Australian government debt would be credit negative

    Moody's sees Australian government debt-to-GDP to rise to around 38% for the 2015 fiscal year

    Without revenue steps Australian government debt likely to climb
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