Updated August 6, 2026 — 4:56pm , first published 4:49pm

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Australia has retained its triple-A credit rating from S&P Global, with the federal budget’s property tax changes and proposed cuts to the NDIS highlighted as reasons for the nation’s strong fiscal position.

One of just 11 nations with the highest level credit rating, S&P said Australia’s budget performance was sound and was likely to be even stronger than what Treasurer Jim Chalmers unveiled in his May fiscal blueprint.

A strong credit rating is critical to the interest rates on…

Read the full article at SMH.COM.AU