SYDNEY (Reuters) - Global ratings agency S&P raised its outlook on two Australian states and Treasury Corps on Thursday and affirmed their AAA ratings, thus removing the danger of a downgrade.
The outlook revisions reflect a similar action last week on Australia's long-term sovereign credit rating. Australia is one of only 10 nations in the world with a AAA credit rating from the top three agencies.
S&P now has stable outlook on New South Wales and Victoria states, the Australian Capital Territory and two Treasury Corps, it added.
(Reporting by Swati Pandey and Wayne Cole)
