Rating agencies and the RBA among those marking Daniel Moohkey’s handiwork which he says is focused on spending restraint
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The New South Wales treasurer, Daniel Mookhey, dubbed his second budget since Labor took government 15 months ago as “a responsible [one] in difficult economic times”.
Others will make that call, including credit raters Moody’s and Fitch, which have maintained the state’s triple-A assessment despite Australia’s most populous state forecasting deficits – albeit shrinking ones – out to 2027-28 and possibly beyond.
Continue reading…Rating agencies and the RBA among those marking Daniel Moohkey’s handiwork which he says is focused on spending restraintFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe New South Wales treasurer, Daniel Mookhey, dubbed his second budget since Labor took government 15 months ago as “a responsible [one] in difficult economic times”.Others will make that call, including credit raters Moody’s and Fitch, which have maintained the state’s triple-A assessment despite Australia’s most populous state forecasting deficits – albeit shrinking ones – out to 2027-28 and possibly beyond.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…