Tag Archives: rating agencies

MICHAEL KEATING. Mid-Year Economic and Fiscal Outlook, 2016

The Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) released yesterday contains few changes and no surprises. The critical question is whether the path back to surplus is actually credible, especially given the many failed promises in the past. This post … Continue reading

Posted in Economy, Politics | Tagged , , , , , , , | 2 Comments

STEPHEN GRENVILLE. Australia’s AAA credit rating under threat, but who cares?

Australia needs to live within its means,  but we can do this without the constant hectoring from agencies whose egregious misjudgements are still fresh in our memories. It’s time to stop genuflecting at the ratings’ altar. Five year ago the Financial … Continue reading

Posted in Economy | Tagged , , , | 1 Comment