On Sept. 21, 2018, we revised our outlook on Australia to stable from negative, and affirmed the 'AAA/A-1+' unsolicited sovereign credit ratings. The ratings on Defence Housing Australia (DHA) rely on those of the Commonwealth of Australia. In our opinion, there is an extremely high likelihood that the Australian government would provide extraordinary support to DHA. As a result, we are revising the outlook on DHA to stable from negative. At the same time, we are affirming the 'AA+' long-term and 'A-1+' short-term issuer credit ratings on DHA. On Sept. 21, 2018, S&P Global Ratings revised its outlook on Defence Housing Australia (DHA) to stable from negative. At the same time, we affirmed the 'AA+' long-term and 'A-1+' short-term issuer
