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Our credit rating

Tā mātou whakatauranga pūtea

A credit rating is an independent opinion of the capability and willingness of a financial institution or company to repay its debts.

We have powers to set, access and collect rates – and our financial strength is reflected in our credit rating:

​Issuer rating ​Outlook
​Standard & Poor's (Australia) Pty Limited ​AA ​Stable

​Moody's Investor Services Pty Limited

​Aa2

​Stable

Auckland's 10-year budget forecasts group debt to grow to $13.1 billion by 2027/2028.

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