But a local broker says the market has turned the corner.
Credit agency Moody's has reaffirmed Australia's AAA credit rating
Former Moody's vice-chairman rubbishes EU banks
Moody's cut Italy's rating to just above junk
Queensland's credit rating stable: ratings agency Moody's
France calls for UK ratings downgrade
Ratings agencies place Qantas Airways on review
US and world economy outlook grim despite debt deal.