Speech from RBA governor Glenn Stevens in Perth today:
- Says outlook for continued moderate economic growth
- Overall economic growth has been a little disappointing in recent years
- But economic outcome of mining boom cycle "quite respectable" so far
- Says swings in AUD have helped avoid damaging cycle of inflation and bust
Reuters with the quick headlines
The topic of the speech is: After the Boom (link to full text)
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Yesterday we got Stevens' Statement accompanying the December monetary policy decision