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    Fitch: Close Australian election could mean a different fiscal outlook

    The US rating agency, Fitch, published its latest note on the Australian economy via Bloomberg, in light of the ongoing political uncertainty in the OZ nation.Key Points:Close Australian election could mean a different fiscal outlookPolitical gridlock that leads to a sustained widening of the deficit would put downward pressure on the ratingAustralia profile still consistent with AAA ratingWill assess government's ability to manage public finances prudently, as well as flexibility in responding to a volatile global economic environment


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