RBA governor "Glenn Stevens is entering his final 12 months as Australia's central bank governor and he has a message for the political class: You're holding us back."

  • Greater competition, improved infrastructure and a reform strategy that Australians can understand and support are just some of the changes the Reserve Bank of Australia has called for
  • The RBA in June lamented a lack of productivity-enhancing infrastructure under construction in Australia and noted that funding wasn't the obstacle. "The impediments are in our decision-making processes and, it seems, in our inability to find political agreement"
  • Deputy Governor Philip Lowe said last week Australia needs to boost returns from investment in new assets and said the problem wasn't due to a shortage of "sensible" proposals to cut regulation and increase efficiency.

More at the Australian Financial Review, does not appear to be gated.

The Reserve Bank of Australia is not wrong on this.