Australia government says it has room for $10 billion in election commitments, after S&P’s warnings
© Reuters. FILE PHOTO: Australian Treasurer Jim Chalmers arrives to attend a G20 finance ministers' and Central Bank governors' meeting at Gandhinagar, India, July 18, 2023. REUTERS/Amit Dave/File Photo
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SYDNEY (Reuters) - Australian Treasurer Jim Chalmers said on Monday the Labor government has demonstrated it has room for the A$10 billion ($6.39 billion) worth of commitments made during its election campaign, downplaying S&P’s warning that the country’s AAA rating was at risk.
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