Standard and Poors downgrade Australia’s credit outlook

The Government has received a warning on the economy from the ratings agency Standard and Poors. But despite an outlook downgrade both the Treasurer and Shadow Treasurer say the economy will come good according to their estimates.

Story features:

• Clem Macintyre, Politics Professor at the University of Adelaide
• Bob Katter, Cross bench MP from the Katter Australia Policy

Image: Treasurer Scott Morrison