New Zealand downgraded ! Is Australia Next ?

[Ronnie 666]

I think NZ has AAA with some agencies and AA+ with some other agencies?

Like Belgium.

Moody's gives NZ AAA for example. S&P, AA+. Dagong is AA+.

http://en.wikipedia.org/wiki/List_of_countries_by_credit_rating[/quote]

Hi Fishball

From what I understand Fitch was the agency that downgraded NZ from AA+ to AA.
That was the original report. I have not seen any rating changes from Moody or S&P ...yet.

 

[fishball]

Yeah no idea...but it wouldn't be the first time SMH got something wrong and it won't be the last

They suck.

 

[stinkypete]

Australia is AAA anyway, we're like a completely different level bro!

not in rugby though aye :lol:

 

[Ronnie 666]

Australia is AAA anyway, we're like a completely different level bro!

not in rugby though aye :lol:

Hi Stinkypete in rugby NZ is AAA and we in Oz are junk status right now.

 

[Butch]

quote]=fishball Doesn't Australia also have a persistent current account deficit??

Edit: Ok yes we do [ /quote]

Yes it coincides with every time we get a labour Federal gov !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[Dwayne]

quote]=fishball Doesn't Australia also have a persistent current account deficit??

Edit: Ok yes we do [ /quote]

Yes it coincides with every time we get a labour Federal gov !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

If labour has been in power almost continually since the '60's, then you might be right. You're getting confused with the federal budget deficit.

Edit: Just noticed that was my 1000th post. In a year? Crap!

 

[Butch]

quote]=fishball Doesn't Australia also have a persistent current account deficit??

Edit: Ok yes we do [ /quote]

Yes it coincides with every time we get a labour Federal gov !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

If labour has been in power almost continually since the '60's, then you might be right.

Even the died in the wool labourites will kick these losers out of office!

 

[Prior]

Running a deficit is ALP policy, it is in the socialist's rule book.

 

[bsides]

fsck labor!