The US-based rating agency, Moody’s Investors Service, publishes the latest report on the Australian economy, highlighting the following key points. “Australia’s resilient economy faces fiscal consolidation challenges. Australia’s slower nominal GDP growth compared with the commodity boom years has put pressure on government revenue growth. Australia’s (Aaa stable) credit profile reflects its very high economic strength, buttressed by the country’s robust growth potential and demonstrated flexibility in adjusting to a changing economic environment. A solid institutional framework – including transparent and effective monetary policy and financial regulation – also underpins Australia’s creditworthiness, lowering the probability and impact of potential economic and financial shocks. Australia’s moderate debt burden relative to Aaa-rated peers also supports its sovereign rating, although the government continues to face challenges in fiscal consolidation.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Bullish outside-day reversal above 1.3270 FX Street 4 years The US-based rating agency, Moody's Investors Service, publishes the latest report on the Australian economy, highlighting the following key points. "Australia's resilient economy faces fiscal consolidation challenges. Australia's slower nominal GDP growth compared with the commodity boom years has put pressure on government revenue growth. Australia's (Aaa stable) credit profile reflects its very high economic strength, buttressed by the country's robust growth potential and demonstrated flexibility in adjusting to a changing economic environment. A solid institutional framework - including transparent and effective monetary policy and financial regulation - also underpins Australia's creditworthiness, lowering the probability and impact of potential economic… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.