Sovereign credit rating upgrade looks unlikely in this term
Editor's Insight: Standard & Poor's gives an early verdict on financial implications of the change in government.
The refusal of a global credit rating agency to restore New Zealand’s triple-A status is not surprising, given the change of government.
The National-led government had a priority of getting the accounts back into surplus and it may have lost last year's election because of that.
National was
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Sovereign credit rating upgrade looks unlikely in this term
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