Moody’s: Australian government financial strength high vs. most Aaa countries

Moody’s:

• Australian government financial strength high vs. most Aaa countries
• Australia has very high economic resiliency
• Australia growth healthy despite the end of the mining investment boom
• Australia housing a potential banking risk, not major
• Australia fiscal consolidation pace remains uncertain
• Australia fiscal consolidation pace remains uncertain
• Considerable Australian budget deficit cut still likely

Moody’s comments reported as headlines on Bloomberg