Credit rating not at risk: Shorten

Labor has defended its budget strategy amid concerns its proposed $16.5 billion blowout in the deficit could threaten Australia's triple-A credit rating.

Leader of the Opposition Bill Shorten — Bill Shorten has dismissed suggestions Labor would put Australia's triple-A credit rating at risk. (AAP)

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Published 28 June 2016 11:12am

Source: AAP

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Bill Shorten has dismissed suggestions a Labor government would put Australia's triple-A credit rating at risk.

Leading economist Saul Eslake has said significantly larger budget deficits - which Labor proposes over the next four years - would put the rating at risk.

"The only party who has had the triple-A credit rating critiqued is the government," Mr Shorten told reporters in the ACT on Tuesday.

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