News: Moody's Says Australia To Return To Robust Growth From 2021 On Sound And Diverse Economic...

  1. 184,654 Posts.
    lightbulb Created with Sketch. 2711

    Nov 24 (Reuters) -

    • MOODY'S SAYS AUSTRALIA TO RETURN TO ROBUST GROWTH FROM 2021 ON SOUND AND DIVERSE ECONOMIC FUNDAMENTALS
    • MOODY'S SAYS PANDEMIC RESPONSE HIGHLIGHTS AUSTRALIA'S FLEXIBILITY AND CAPACITY TO USE FISCAL POLICY TO BUFFER AGAINST SHOCKS
    • MOODY'S-BROAD DIVERSIFICATION OF AUSTRALIAN INDUSTRY, AND FLEXIBILITY, COMPETITIVENESS OF ECONOMY TO SUPPORT SUSTAINABLE RECOVERY OVER NEXT FEW YEARS
    • MOODY'S SAYS DEBT BURDENS WILL CLIMB TO AROUND 18% OF GDP IN THE FISCAL YEAR, DOES NOT FORESEE A MATERIAL WEAKENING IN THE SOVEREIGN CREDIT PROFILE
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.