Also underpinned by high income levels

And a track record of macroeconomic stability

Affirms Australia's 'AAA' rating

Outlook remains as 'stable'

Monetary policy likely to remain accommodative, supportive of growth over 2 years

This despite the absence of wage growth or inflationary pressures

Some positive news at least for Australia and the aussie after its fall against the dollar to below 0.7500. Well, not exactly positive but at least it's not getting any worse.