NSW is the only state in Australia with two triple-A credit ratings, with Moody’s also assigning a triple-A rating in September. Last month, S&P Global maintained the State’s double-A plus rating with a stable outlook.
Treasurer Matt Kean MP, who will this week meet with Moody’s in London to discuss the economic outlook and Environmental, Social and Governance (ESG) risk factors, said the result was proof of the State’s strong fiscal management.
“New South Wales remains the only state in Australia with a Moody’s and Fitch triple-A credit rating,” Mr Kean said.
Read more here: https://nswliberal.org.au/Shared-Content/News/2022/Fitch-reaffirms-triple-A-credit-rating-for-NSW