RBA governor optimistic economy can negotiate end of investment boom
Reserve Bank of Australia governor Glenn Stevens said today in a speech that Australian economic policy makers are living "in interesting times", saying that while "major challenges have been faced ... significant ones lie ahead".
Stevens said the Australian economy had had its share of luck - from natural resources and a booming China, to the crash in sub-prime in the US coming before the rot had set in in Australia - but said up-coming challenges were posed by "the downward phase of the
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