04.11.2016 - Commodity surge hasn't quelled rating row
Suddenly the path to budget repair has gotten murkier. Global ratings agencies like Standard & Poor's raised concerns about the make-up of the Senate following the July 2 federal election and what it would mean for legislation. Little did they expect the larger crossbench would have started dropping like flies, leaving a big question mark over future government legislation should Labor and the Greens join forces to oppose government bills. Bob Day finally officially stepped down as a Family First senator this week, but it could be weeks before his Senate vacancy is filled as the High Court scrutinises parliamentary financial arrangements surrounding the South Australian.............................................Full Article: Source
Print