Newcastle Permanent Building Society says it's "business as usual" after credit rating downgrade

By Joanne McCarthy
June 24 2017 - 6:00am
Business: Newcastle Permanent Building Society says it's "business as usual" after Moody's credit agency downgraded 12 Australian lenders this week, including the society and Australia's major banks, because of elevated risks within the housing sector.
Business: Newcastle Permanent Building Society says it's "business as usual" after Moody's credit agency downgraded 12 Australian lenders this week, including the society and Australia's major banks, because of elevated risks within the housing sector.

IT’S “very much business as usual” says the Newcastle Permanent Building Society after its credit rating downgrade this week along with Australia’s biggest banks.

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