The NSW Government and the NSW economy has received its latest vote of confidence with credit ratings agency Moody’s reaffirming the state’s triple-A credit rating.
NSW is the only state in Australia to have a triple-A credit rating with Moody’s. Fitch also assigned NSW a triple-A rating while S&P Global assigned NSW a double-A plus rating.
Treasurer Matt Kean MP said the result was further proof of the government’s strong financial management, particularly through a challenging period.
“It is always great to see recognition of our state’s strong fundamentals which have been maintained by the government’s proven fiscal resolve,” Mr Kean said.
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Moody’s gives NSW the Triple-A tick of approval
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