Household debt sees Australian banks downgraded again

Global ratings agency Moody's has downgraded the big four banks and eight other institutions over fears about the housing market.

by | Jun 20, 2017

Household debt sees Australian banks downgraded again

Moody’s cut ANZ, CBA, NAB and Westpac by one notch from Aa3 to Aa2.

Read the full article on ABC Online.

More from Public Accountant

IPA National Congress hears ATO plan to shrink small business “tax gap”

IPA National Congress hears ATO plan to shrink small business “tax gap”

Ombudsman review targets ATO’s agent phone line failures

Ombudsman review targets ATO’s agent phone line failures

The WH Smith Error: how revenue recognition may have humbled an icon

The WH Smith Error: how revenue recognition may have humbled an icon

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

1 in 3 Australians in their late 60s are still working, new HILDA survey shows

How to get control of your time

How to get control of your time

Embracing the AI frontier: Rethinking auditor skills and education

Embracing the AI frontier: Rethinking auditor skills and education

Share This