State credit rating

The State of Victoria is rated by two international rating agencies - Standard & Poor's (S&P) and Moody's Investors Service (Moody's).

Both rating agencies conduct an annual review of the State's:

  • economic structure and prospects
  • financial performance and outlook
  • balance sheet position
  • liquidity and debt management strategy
  • the Government's fiscal strategy.

The State is rated AA with a stable outlook by Standard and Poor’s and Aa2 with a stable outlook by Moody’s Investors Service.

Reviewed 07/06/2022
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