CANBERRA, April 28 (Xinhua) -- Global credit rating firm S&P has warned that Australia's top-level AAA rating is under threat from billions of dollars in election commitments from both major parties.
Analysts from S&P said in a report on Monday, five days before Australia's general elections on May 3, that the rating could be at risk if campaign funding pledges from the governing Labor Party and opposition Coalition lead to larger structural deficits, debt and interest costs.
