(Add Moody's comment)
SYDNEY, March 9 Ratings agency Moody's Investor
Service said on Thursday it expects no change to Australia's
'AAA' credit ratings and stable outlook due to the country's
robust institutional framework and stronger fiscal metrics than
many of its peers.
"We expect Australia's financial system and economy to
absorb possible external and internal shocks," Marie Diron,
associate managing director at Moody's told Reuters on Thursday.
Australia is one of only a dozen countries still rated
triple-A by all three major credit ratings agencies.
Moody's said, however, there might be a risk of a ratings
downgrade if the government changed its commitment to reduce its
persistent budget deficit.
S&P Global Ratings has repeatedly warned it could downgrade
Australia's credit rating after revising its outlook to negative
(Reporting by Cecile Lefort; editing by Wayne Cole, G Crosse)