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S&P downgrades ASX rating following ASIC inquiry
S&P Global Ratings has downgraded ASX's (ASX:ASX) long-term issuer credit rating from AA- to A+.
Australiaratings
S&P warns states against costly spending spree
S&P Global Ratings warns Australian states that "cost-of-living" spending sprees could trigger credit rating downgrades and fuel inflation.