![Treasurer Scott Morrison and Finance Minister Senator Mathias Cormann released the MYEFO on Monday.](/web/20161222071032im_/http://www.smh.com.au/content/dam/images/g/t/e/0/r/3/image.related.landscape.460x307.gtemc6.png/1482238780504.jpg)
Why I'm sorry our credit rating wasn't downgraded this week
There is no good reason any sovereign Australian government – federal or state – should allow a few American for-profit businesses to dictate how much it should or shouldn't borrow (nor engage in hugely expensive ways of disguising the true extent of its liabilities).