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Why iron-ore won't snatch Australia's AAA - CNBC

Iron-ore's plunge has put Western Australia state's credit rating under pressure, but that's not likely to imperil Australia's AAA rating just yet, analysts said. "Undoubtedly, Australia's fiscal ...

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Why iron-ore won't snatch Australia's AAA

Iron-ore's plunge has put Western Australia state's credit rating under pressure, but that's not likely to imperil Australia's AAA rating just yet, analysts said. "Undoubtedly, Australia's fiscal position has weakened over the past year, and the May Budget will almost certainly reveal upward

Why iron-ore won't snatch Australia's AAA - Yahoo

Iron-ore's plunge has put Western Australia state's credit rating under pressure, but that's not likely to imperil Australia's AAA rating just yet, analysts said. "Undoubtedly, Australia's fiscal position has weakened over the past year, and the May Budget will almost certainly reveal upward

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Rating downgrade looms as Australia sticks to budget plan

Australia stuck to its ambition of returning the budget to surplus in 2020-21 on Monday despite downgrading growth forecasts as fears grow it could lose the coveted AAA credit rating. The country's resources-driven economy has enjoyed more than 20 years of growth but it is now transitioning out of

Iron ore rally: Mere dead bounce? - Yahoo

Read More Why iron-ore won't snatch Australia's AAA The world's big four miners (Vale (Sao Paulo Stock Exchange: VALE'A-BR), Rio Tinto, BHP Billiton, Fortescue Metals (ASX:FMG-AU) ) all remain committed to increasing low-cost output, with their total combined production increasing 15 percent on year in the first quarter, Bain added.

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National Australia Bank led losses with a 0.7 percent slump, while Westpac, Australia & New Zealand Banking and Commonwealth Bank of Australia made losses between 0.3 and 0.7 percent. Read More Why iron-ore won't snatch Australia's AAA

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Why iron-ore won't snatch Australia's AAA - Yahoo Finance

2015-04-23· Iron-ore's plunge has put Western Australia state's credit rating under pressure, but that's not likely to imperil Australia's AAA rating just yet, analysts said. "Undoubtedly, Australia's fiscal ...

Leslie Shaffer Profile - CNBC

Why iron-ore won't snatch Australia's AAA By: Leslie Shaffer Iron-ore's plunge has put Western Australia's credit rating under pressure, but that's not likely to imperil Australia's AAA just ...

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Iron ore rally: Mere dead bounce? - Yahoo7 Finance

A breath-taking rally in iron ore prices in recent weeks has put the sector back in bull market territory, but strategists warn that the upside may be short-lived.