RBA's Stevens calls for continuity

Glenn Stevens, deputy governor of the Reserve Bank of Australia, has called for "continuity" above all else when it comes to finding a replacement for governor Ian Macfarlane in September.

After addressing the Securities and Derivatives Industry Association conference in Melbourne on Saturday, Mr Stevens dodged a question about the bank's succession.

But he said: "The bank, I think, has done a good job. That's a testimony to our governors and the quality of the staff we have."

"The main thing, I

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