Anna Bligh loses Qld's AAA credit rating ...
Voter confidence in Labor's ability to govern during the economic crisis will be tested for the first time in Queensland, where an early election is almost certain after the Bligh Government revealed yesterday the state budget had plunged $1.6 billion into deficit.
The collapse of fortunes forced ratings agency Standard & Poor's to lower the state's long-cherished AAA credit rating for the first time to AA.
See - Qld loses AAA rating.
posted by Concerned Ratepayer at 8:21 AM
1 Comments:
"But Ms Bligh - who spent yesterday in the industrial city of Gladstone, to open new offices for oil and gas producer Santos and emphasise she was still working - again refused to comment on the prospect of an early election."
"Clearly every government, mine included, has a responsibility to lead a path through these very turbulent circumstances," Ms Bligh said, pointing out that Santos still expected to spend $1billion on Queensland gas projects this year."
How important are those coal seam gas industry jobs now?
11:44 AM, February 21, 2009
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