CANBERRA, ACT, Sept. 30 -- The Treasurer of Australia issued the following media release:
International ratings agency S&P has today reaffirmed Australia's AAA credit rating.
This is a resounding endorsement of the Albanese Labor Government's responsible economic management.
It shows that under Labor, Australia has one of the best budgets in the G20.
"Australia's fiscal performance is sound. Australia's economic outlook is sound." the report reads.
"Sound fiscal metrics support our 'AAA' long‑term sovereign credit rating on Australia.
"Excellent political and institutional settings are conducive to stable policymaking."
Responsible economic management is the hallmark of the Albanese Labor Government and S&P's report reinforces ...