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42 mins
41 mins
Moody's surprise downgrade of China's sovereign credit rating preceded a drop in the Aussie dollar. Kingsley provides an analysis of Australia's fiscal position, the currency outlook, and the overall state of its economy.
Moody'sChinasovereign credit ratingsurprise downgradeAustraliafiscal deficitbank levymining levyfiscal shortfallwage growthsoft economic conditionsbudget surplusMalcolm Turnbullcurrency weaknesssovereign credit ratings
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