• Government wants to broaden and strengthen economy to avoid currency’s drag, consumers benefiting as import prices fall
  • Australia supports market-based exchange rates
  • G20 must work on global imbalances; can’t isolate China
  • No China slowdown coming that we can see
  • Resource tax will not stifle growth of resource sector; mining investment strong, increasing
  • Global recovery fragile; stronger in Asia/Pacific
  • Interviewed on CNBC