Moody's: Australia's budget supports country's fiscal strength, but deficit likely wider than government expects
Announcement: Moody's: Australia's budget supports country's fiscal strength, but deficit likely wider than government expects. Global Credit Research- 12 May 2017. Singapore, May 12, 2017-- Moody's Investors Service says that Australia's budget for the fiscal year ending 30 June 2018 supports Moody's assessment of the sovereign's very high fiscal strength, but the country's deficit will likely prove wider than the Australian government expects.
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