Deal and ratings review, week ending January 20 2012
The week beginning January 16 saw the first Australian dollar deals of the year from domestic issuers. The first-ever covered bond from a domestic major bank was issued, and
another is soon expected to come to market. The first Australian corporate deal of 2012 was also priced.
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Queensland treasurer affirms commitment to regaining triple-A status
In the wake of the state of Queensland's mid-year budget update the state's treasurer, Andrew Fraser, tells
KangaNews in an exclusive interview that maintaining the fiscal discipline required to regain a triple-A rating remains a policy goal of the government. Measures towards this goal have led to an improved budget and funding position, even as Queensland approaches a state election in 2012.
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