RBA governor positive about Australian economy

Glenn Stevens, governor of the Reserve Bank of Australia, delivered a speech on June 8 in which he described the Australian economy as a glass "at least half full".

Speaking at an American Chamber of Commerce business lunch in Adelaide, Stevens highlighted the relatively mild impact of the financial crisis on the Australian economy and its subsequent robust recovery, with GDP growth of 4% in the last year. This, Stevens said, was accompanied by "one of the biggest resource investment upswings in

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