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Moody’s Talks – Global Credit Podcast

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FEBRUARY 2020
Australia bushfires have limited credit impact, but climate change will amplify costs over time
January 24th 2020 (5.08 mins)
Martin Petch and Natasha Brereton-Fukui from the Sovereign team discuss implications of the bushfires for the central government, states and other issuers. For the sovereign, the immediate fiscal impact is negligible in the context of Australia's overall budget, but future costs will likely be more significant if natural disasters become more frequent and severe.​​​​​
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