Credit rating outlook downgrade rests in state's hands

A credit rating downgrade could make staging Brisbane's 2032 Olympic Games more costly. (HANDOUT/ARCHIPELAGO)

One state's credit rating outlook downgrade can be addressed by the current government ahead of it's first budget in June, a professor of economics has declared. 

Queensland faces the potential of higher borrowing costs and pressure on its infrastructure ahead of the Brisbane 2032 Games after the "negative outlook" from international ratings agency S&P Global.