Wednesday, February 29, 2012

Qld: Qld loses AAA credit rating after budget blow-out


AAP General News (Australia)
02-21-2009
Qld: Qld loses AAA credit rating after budget blow-out

Queensland is now the only state in Australia without a Triple A credit rating.

The news of a Double A plus rating comes after Queensland Treasurer ANDREW FRASER revealed
yesterday the budget had slipped into a 1.57 billion deficit .. just two months after
the government predicted a modest surplus for the current financial year.

MR FRASER says he …

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