Australia keeps triple-A rating despite Labor tensions over budget decisions
Australian Labor Party tensions are not indicative of internal schism, supporters argue. Prime Minister Anthony Albanese and Treasurer Jim Chalmers face criticism over budget decisions, yet Australia maintains a triple-A credit rating with all three agencies. Commentators defend Chalmers' tax reform efforts, noting economic challenges stem largely from private sector spending rather than government policy.
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Published 18 Oct 2026, 07:30 UTC · Updated 18 Oct 2026, 07:40 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections
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