Quantcast
au iconAU

 

 

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.

Household debt sees Australian banks downgraded again
smsfadviser logo
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.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox