Budget Deficit and High Debt See ACT's Credit Rating Downgraded to AA

Budget deficit and high debt see ACT's credit rating downgraded to AA

A budget deficit and proportionally high debt, along with rising health costs and major infrastructure projects, see ACT's credit rating downgraded to AA.

ACT credit rating downgraded to Victorian levels

S&P has downgraded the ACT’s credit rating to AA and warned a further move lower is possible as the government struggles to manage the budget.

Steel stands by infrastructure plans despite 'red flag' credit rating

ACT Treasurer Chris Steel stands by capital works despite S&P Global downgrading ACT's credit rating and criticism from political opponents like Fiona Carrick.

Call to pass Budget measures as ACT credit rating downgraded

ACT Treasurer Chris Steel has called on the Legislative Assembly to pass his Budget after global ratings agency S&P downgraded…