Global ratings agencies affirm SA’s stamp of approval

Independent global ratings agencies, Moody’s and Fitch, have re-affirmed their confidence in South Australia’s economy, applauding the Marshall Liberal Government’s ‘prudent fiscal discipline’ amid growing business confidence and burgeoning defence, space and tourism sectors. In its latest credit update, Moody’s – which has maintained the state’s Aa1 stable rating (the second-highest in the nation) –…