(Reuters) - Credit rating agency S&P Global Ratings on Tuesday affirmed Australia’s sovereign credit ratings at ‘AAA/A-1+’ with a negative outlook, flagging economic and fiscal risks. "The negative outlook reflects our view that Australia faces fiscal and economic risks that are tilted toward the downside", S&P said in a note bit.ly/34eqmGV on Tuesday, adding Australia"s fiscal deficits will persist and debt levels will be elevated for years to come. However, it also said a large economic stimulus will support the country’s economic recovery amid the coronavirus crisis.