#Latest news with #FitchRatingsSovereignsSky News AU12-05-2025BusinessSky News AU‘Return to deficit': Labor's election victory brings further AAA rating concernsIn the week before the election, the ratings agency S&P Global warned both political parties about the risk to Australia's AAA credit rating because of their spending promises. The election has been comprehensively won by the Albanese government. Fitch Ratings Sovereigns Director Jeremy Zook joined Sky News Business Editor Ross Greenwood to go over economic reforms with a renewed Labor government.
Sky News AU12-05-2025BusinessSky News AU‘Return to deficit': Labor's election victory brings further AAA rating concernsIn the week before the election, the ratings agency S&P Global warned both political parties about the risk to Australia's AAA credit rating because of their spending promises. The election has been comprehensively won by the Albanese government. Fitch Ratings Sovereigns Director Jeremy Zook joined Sky News Business Editor Ross Greenwood to go over economic reforms with a renewed Labor government.