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Australia's credit rating in doubt

S&P says Australia's high household and foreign debt is a key weakness.
S&P says Australia's high household and foreign debt is a key weakness. Source: AAP

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.


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Updated

By Vaios Anastassopoulos

Source: SBS



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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.



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