Australian Treasurer says govmt 'continues to engage' with S&P on AAA rating

Australian Treasurer Morrison speaking on local public radio in Australia

Headline via Bloomberg

Yep, says the government 'continues to engage' with S&P on the AAA rating.

If by 'continues to engage' he means beg and grovel, then I suppose so. The AAA rating is a hot political topic, and of course is simplistically boiled down for TV soundbite consumption to "AAA good, not-AAA bad".

I posted on the renewed pressures on the AAA yesterday: Does the poor Australian Q3 GDP have negative implications for AAA rating?

And, a few days ago ((part of an ongoing saga), the debate on if the AAA is all a good thing: Losing AAA rating may be just what Australia needs

Morrison on the left of screen, being poured a glass of water by a famous Australian light-plane pilot.