S&P’s report Australia Has More Than Luck to Endure Downside Risks discusses the strength of the Australian economy, but also some threats it faces:
- a wealthy and open economy,
- strong institutions
- and low public debt
But Australia’s AAA credit rating could be threatened by
- deterioration in investor sentiment about the nation’s debt,
- a sudden slump in China
- or a sharp fall in house prices
More at the Financial Review (gated)
