Category: Standard and Poor’s

Treasurer Welcomes Renewal of Australia’s AAA Credit Rating Amid Challenging Economic Conditions

January 31, 2023
Angus TaylorBusiness & MarketsCompanieseconomyinflationJim ChalmersStandard and Poor'sWorld
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Australian Treasurer Jim Chalmers has said that the renewal of Australia’s AAA credit rating by rating agency Standard and Poor’s (S&P) proves the effectiveness of the Albanese government’s “responsible economic management” in the previous year. On Jan. 30, S&P Global announced that Australia had retained its AAA credit rating while expecting the country to avoid…

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Australia Retains AAA Credit Rating

January 27, 2022
Australiacredit ratingStandard and Poor'sWorld
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Australia has kept its triple-A credit rating and is expected to lower its budget deficit considerably as the country wraps up stimulus measures and its economy recovers from the COVID-19 downturn, according to U.S. credit rating agency, S&P. The global authority in credit rating had anticipated that Australia would experience economic growth in the December…

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Costa Mesa Receives Outstanding Credit Rating Amid Pandemic

December 22, 2020
bond ratingbondsCosta MesaCOVID-19creditNY-CalpandemicSouthern CaliforniaStandard and Poor'sUS
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Costa Mesa received an impressive credit rating during the most recent fiscal year, despite challenges brought on by the ongoing COVID-19 pandemic. The city received an AA+ rating from Standard and Poor’s (S&P) for the 2019–2020 fiscal year that ended June 30, for its 2017 Lions Park Project bonds. The Lions Park Project is a…

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