Business Services Industry
MOODY'S ISSUES ANNUAL REPORT ON NEW SOUTH WALES
Info-Prod Research (Middle East), January, 2008
In its annual report on New South Wales,Moody's Investors Service says the Australian state's Aaa ratingsreflects a sound record of financial performance, a low debt burden and asizeable and diverse economic base. "The debt burden is expected to rise over the medium term as New SouthWales embarks on a large-scale capital improvement program, though thedebt load should remain manageable," said Moody's Vice President DebraRoane, author of the report.
"In addition, the state's large capital program, which could be slowed if conditions warrant, enhances fiscalflexibility." Consolidated public-sector deficits are projected to average 10% ofrevenues, largely reflecting the significant rise in capital spending ofpublic corporations for transport, electricity and water...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
