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Tasmania's credit rating downgraded to lowest of all Australian states | ABC NEWS
One of the two major credit rating agencies has downgraded Tasmania's credit rating from Aa2 to Aa3, making it the worst-rated of any Australian state. The rating downgrade, which will affect the interest rate the state pays on its borrowings, was prompted by rising debt and structural budget issues. Subscribe: http://ab.co/1svxLVE Read more ...
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