Global Finance: S&P puts Australian credit rating on negative watch

Standard & Poor's has lowered Australia's credit rating outlook from stable to negative, in a warning that the AAA rating is under imminent threat. What does it mean to be in the list of negative credit watch? Would the outcome of the election change Australian credit outlook? Financial Planner Kam Yuen tells you more in an interview with Ivan Leung.

Credit Rating Source: Flickr/Simon Cunningham