Credit rating
Opinion
World markets
The $2.8 trillion question: America is hunting for cash, but there’s a bit of a problem
The US is going to put trillions worth of new debt up for sale before the end of the year as it tries to rebuild its cash reserves. There is an issue, however.
- by Stephen Bartholomeusz
Latest
Opinion
For subscribers
The US just paid a heavy price for Washington’s poison
The historic credit rating downgrade shines a light on how America’s bitterly divided, dysfunctional politics is playing a key role in its deteriorating financial position.
- by Stephen Bartholomeusz
WA joins AAA-rated club, despite carbon transition risk
Treasurer Rita Saffioti said the announcement made WA the only Australian state to have AAA ratings from both Moody’s and S&P Global.
- by Marion Rae
Analysis
Analysis
Repayment holidays to hurt less as credit changes take effect
Australian credit scores are steadily recovering after taking a hit during the pandemic, and new regulations from July 1 should help them rebuild further.
- by Nicole Pedersen-McKinnon
Opinion
Opinion
10 areas with the lowest credit scores in the country
Home refinancings are at record levels, but your credit score could dent your likelihood of getting a new home loan.
- by Nicole Pedersen-McKinnon
Opinion
Opinion
Four things to help make your finances fly
There’s some make-or-break metrics that you need to know if you want to make your finances fly in the next financial year.
- by Nicole Pedersen-McKinnon
Opinion
Analysis
Credit scores hold up well, but there’s a missing element
Despite the coronavirus-induced recession, credit scores have held up well but an early indicator of financial stress - buy now pay later repayments - are flying under the radar.
- by John Collett
Opinion
Opinion
Beginning of the end for the ratings agencies’ dubious influence
The truth is that the financial markets and economists have stopped caring about the august pronouncements of the three big American ratings agencies.
- by Ross Gittins
China races toward plan to blacklist companies for their behaviour
China is making swift advances with a system for measuring the social creditworthiness of companies, a sweeping data-collection effort that could solidify Beijing's control over foreign and domestic enterprises and possibly challenge the dominance of US credit-rating companies.
- by Bloomberg News
Credit rating amnesty for loan deferrals extended
People who have deferred loans will not suffer a credit rating penalty for a further six months under new guidelines from the Australian Banking Association.
- by Charlotte Grieve
Analysis
Analysis
Stimulus payments, mortgage holidays mask credit score risks
Credit scores are holding up for now as government financial support and mortgage repayment pauses mask the true repayment risk of people affected by the economic fallout from the pandemic.
- by John Collett