CANBERRA, ACT, Oct. 28 -- The Treasurer of Australia issued the following media release:
Global ratings agency Fitch has reaffirmed Australia's triple‑A credit rating.
This is another powerful endorsement of Labor's responsible economic management.
We've made a lot of progress together on the economy and that progress has been acknowledged by the big ratings agencies.
It shows that under the Albanese Government, Australia has one of the best budgets in the G20.
In its latest report, Fitch acknowledged the government's efforts in paying down Liberal debt, praised the government's focus on boosting productivity and outlined the private sector recovery that was under way in Australia's economy.
"Consumption will continue driving th...