Australian PM dismisses warning over AAA credit rating

Quick Summary:

High public spending puts the country's rating at risk if savings are not found, analysts have said.

When is the Australian election and who could be prime minister?

Only 11 countries currently have a AAA sovereign credit rating from S&P, including Australia, Germany and Denmark - higher than the US and UK.

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Article Details

Category: Business

Markets: United KingdomAustraliaDenmarkGermany

Topics: Credit Rating Prime Spending Minister Australian Albanese Election

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 03:22:11 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 452 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 28278941

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 12 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #43

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