Who: “Australia is one of only eight countries in the world that has a AAA credit rating from all of the three international credit rating agencies.” Penny Wong.

The claim: Australia is one of only eight countries with a AAA credit rating.

The facts: There are eleven countries in the world that have a AAA credit rating from the three international credit rating agencies, S&P, Moody’s and Fitch. These countries are:

1. Australia
2. Canada
3. Denmark
4. Finland
5. Germany
6. Luxembourg
7. Netherlands
8. Norway
9. Singapore
10. Sweden
11. Switzerland

Discussion of evidence:

While it is true that Australia has a AAA credit rating from all three rating agencies, Senator Wong has understated the total number of countries that also have a AAA rating from the three international rating agencies.