Government welcomes credit ratings agencies’ comment on historic job-creating Budget
Independent ratings agencies, S&P Global and Moody’s, have provided initial commentary to the market on the Marshall Government’s historic job-creating State Budget 2020-21, which was handed down yesterday. S&P Global (AA+) reported the Government’s $4 billion economic stimulus (which leverages a further $1 billion in Commonwealth and business investment) as ‘valuable support’ for businesses, despite…
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