Moody's, S&P caution Morrison on debt
![Credit ratings agencies are warning Treasurer Scott Morrison that debt is still debt.](/content/dam/images/g/v/t/v/h/a/image.related.afrIndexLead.320x210.gvuhko.png/1493351602694.jpg)
Even a surge in government borrowing with so-called "good debt" could potentially weaken Australia's hold on its AAA credit rating.
Even a surge in government borrowing with so-called "good debt" could potentially weaken Australia's hold on its AAA credit rating.
Reserve Bank of Australia governor Philip Lowe has backed China's refusal to fully liberalise the flow of capital in and out of its economy.
Perceived as the riskiest currency on the planet until Sunday's French election, the euro is suddenly everyone's favourite.
In a surprise move, Sweden's central bank extended its bond buying programme and slightly delayed future rate hikes.
Surging energy costs are pushing the headline inflation rate up faster than wages, imposing a real income squeeze on households with record mortgage debt.
French presidential candidate Marine Le Pen sought to soften her position on Europe, and her plans for the euro if elected.
The Canadian dollar slumped after the US said it would impose anti-subsidy duties on imported Canadian softwood lumber.
Australia should halve immigration and undertake a massive transport infrastructure program funded by "helicopter" money: former NSW Treasur...
The Swedish central bank could soon declare victory in its fight to revive inflation.
The political event risk looming over Europe is fading, lifting the euro and European stocks on Monday.
Enjoy unlimited access to Australia's best business news and market insights across desktop, tablet and mobile
Already a subscriber? Log in