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Moody's says outlook for Australia's AAA rating remains stable

From moodys.com

Moody's Investors Service says that the outlook for Australia's Aaa foreign and local currency ratings remains stable. Australia's Aaa ratings are based on four factors: the country's very high economic strength; very high institutional strength; very high government financial strength, and very low susceptibility to event risk. The conclusions were contained in Moody's annual Credit Analysis of the Government of Australia. Economic strength is classified in Moody's rating methodology as very high, based on the country's economic diversity, the performance of the economy during the past two decades, relatively good ... (full story)

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