Ratings assessment by Moody's on Australia
- Australia's economic features favouring 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
The full report can be found here. At least it's something that won't pile more misery on the aussie today.
