Network News

Queensland maintains AAA credit rating

7 January 2008

Queensland Treasurer Andrew Fraser welcomed the announcement that Queensland's AAA credit rating would continue.

Mr Fraser said, "This announcement is a strong endorsement of the Queensland government's management of the state's finances,"

"We are investing in the economic infrastructure of the state at an unprecedented rate with strong investment in capital works projects like southeast Queensland's water grid, while maintaining a budget in surplus and our AAA credit rating."

"With negative net debt, we have a balance sheet that is the envy of other jurisdictions," Mr Fraser added.


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