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AAP
AAP
Business
Jacob Shteyman

Tax changes get tick of approval from ratings agency

Australia SP Jim Chalmers Susie Dodds SP Global United States
Big-three ratings agency S&P Global has reaffirmed Australia's triple-A credit rating. (Susie Dodds/AAP PHOTOS)

Higher taxes on property investors and bracket creep are propping up the federal budget and helping maintain Australia's flawless credit rating.

Ratings agency S&P Global has reaffirmed Australia's triple-A credit rating, maintaining the nation's status as one of nine countries to hold the top rating with the big three ratings agencies.

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