Comments by Fitch Ratings on Australia
- Also underpinned by high income levels
- And a track record of macroeconomic stability
- Affirms Australia's 'AAA' rating
- Outlook remains as 'stable'
- Monetary policy likely to remain accommodative, supportive of growth over 2 years
- This despite the absence of wage growth or inflationary pressures
Some positive news at least for Australia and the aussie after its fall against the dollar to below 0.7500. Well, not exactly positive but at least it's not getting any worse.
