Credit ratings

Current credit rating*

 Long termOutlookShort term
Standard & Poor'sA-StableA-2
Moody'sA3StableP-2

Historic credit rating*

Standard & Poor's

 1H FY2019FY2018FY2017FY2016FY2015FY2014
Long termA-A-A-A-A-A-
OutlookStableStableNegativeNegativeStableStable
Short termA-2A-2A-2A-2A-2A-2

Moody's

 1H FY2019FY2018FY2017FY2016FY2015FY2014
Long termA3A3A3A3A3A3
OutlookStableStableStableStableStableStable
Short termP-2P-2P-2P-2P-2P-2
*Note: These credit ratings are provided for use by wholesale investors only and must not be used, and Wesfarmers does not intend or authorise their use, in the support of or in relation to the marketing of financial products to retail investors in Australia.