Fitch cuts Australia's sovereign outlook to negative, affirms 'AAA' rating

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SYDNEY: Fitch Ratings downgraded its outlook on Australia's coveted 'AAA' rating on Friday to "negative" from "stable", citing the heavy blow to the economy and public finances from the Covid-19 pandemic. It affirmed Australia's prized rating but said a ...

from Google Alert - Business https://ift.tt/2zaUaYs
SYDNEY: Fitch Ratings downgraded its outlook on Australia's coveted 'AAA' rating on Friday to "negative" from "stable", citing the heavy blow to the economy and public finances from the Covid-19 pandemic. It affirmed Australia's prized rating but said a ... https://ift.tt/eA8V8J

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