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Moody's release report on Australia,......>

AUSTRALIA
AUSTRALIA: Moody's release report on Australia, say that Australian government
debt is to rise, but will still be moderate in relation to other Aaa rated
nations. 
- The report adds that the rating reflects high economic, instutional and fiscal
strenth, but there are latent risks. They highlight risks as including high
household debt (as mentioned by the RBA in the SoMP) and the high proportion of
external investors.
- The report predicts that the general debt burden will rise to 42%/GDP in FY
2018 from 36.1% in FY 2015
- As a note non-resident holdings of Australian debt securities are near all
time highs just shy of A$250bln, equating to 55.4%, though this has dropped from
all time highs of around 75%in June 2012.

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