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Moody’s: Bushfires to hit government budgets

January 14, 2020 - 10:30 -- Admin

Moody’s says in a new report that Australia’s (Aaa stable) general and state governments can absorb the near-term credit impact from the ongoing bushfires, although they are “likely to result in rising and recurring costs that will test the government’s capacity to mitigate these costs”: The near-term credit implications for the sovereign and the states

The post Moody’s: Bushfires to hit government budgets appeared first on MacroBusiness.

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