Moody’s: Australia’s govt debt will rise but remain moderate versus other AAA sovereigns

The US-based ratings agency, Moody’s Investors Service, came out with its latest note on the Australian government debt.

Key Points:

Australian government debt will rise but remain moderate compared to other AAA sovereigns

Credit profile reflects its very high economic, institutional and fiscal strength but country faces latent risks

Exposed to two main types of shocks: high and rising household debt and economy's long standing dependence on external financing