ANZ today confirmed that Moody's has revised Australia's macro credit profile that has also resulted in a downgrading of the Baseline Credit Assessment of 12 Australian banks.
Along with the other major banks, ANZ's senior unsecured credit rating has been lowered by one notch from Aa2 to Aa3. Following this action, Moody's has also restored the ratings outlook for the four major Australian banks to Stable from Negative.