Posted on August 2nd 2016
August Snapshot
As investors and consumers, we strive for a good credit rating and sovereign nations are no different. Now two of the world’s best-known ratings agencies have put the Turnbull government on notice to reduce the budget deficit or risk losing our top notch AAA rating. In this snapshot we look at what a downgrade might mean for investors and the economy and find a silver lining. As always, if you would like to discuss the contents of this newsletter don’t hesitate to call our office.