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    <title>Recent GST rate cut credit negative: Moody&#039;s</title>
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    <description>Moody&#039;s finds the recent GST rate reductions on numerous items credit negative because they are expected to lower government revenue, increase uncertainty around receipts through tax rate volatility, and thereby pressure fiscal consolidation and deficit targets despite potential medium term buoyancy from wider GST compliance.</description>
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      <description>Moody&#039;s finds the recent GST rate reductions on numerous items credit negative because they are expected to lower government revenue, increase uncertainty around receipts through tax rate volatility, and thereby pressure fiscal consolidation and deficit targets despite potential medium term buoyancy from wider GST compliance.</description>
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