Queensland’s credit rating outlook has been downgraded from AA+ stable to AA+ negative by ratings agency S&P Global.
This outlook could risk pushing up borrowing costs for the sunshine state ahead of the Brisbane 2032 Olympics.
Queensland Credit Rating Outlook Downgraded
The Liberal-National government warned the cost of borrowing would be higher.
An image of Australian $50 banknotes. A. Ming/ The Epoch Times
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
