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Our credit rating

A credit rating is an independent opinion of the capability and willingness of a financial institution or company to repay its debts.

We have powers to set, access and collect rates – and our financial strength is reflected in our credit rating:

Financial organisation	Issuer rating	Outlook
Standard & Poor's (Australia) Pty Limited	AA	Stable
Moody's Investor Services Pty Limited	Aa2	Stable

Our Long-term Plan 2024-2034 forecasts group debt to grow to $21.3 billion by the end of financial year 2034.

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