Credit agency Standard and Poor’s has maintained the territory’s a AAA credit rating.
Predictably, chief minister Jon Stanhope is pretty happy with the news: he says it shows the territory is on the right track.
But Canberrans and the opposition may not feel the same way.
The last budget was not well-received, because it introduced lots of new taxes and announced heavy public service job losses, including teaching positions at the 40 schools slated for closure.
[ED: The ABC reports Mr Stanhope is taking this as a vote of confidence in the tough measures the Government took in the last budget.]