From the Westpac CEO via Fairfax:
“There’s been a lot of talk recently about slower growth in the Australian economy. Some even suggest we might be heading for recession. We don’t see it that way,” Mr Hartzer said at a Trans-Tasman Business Circle lunch in Sydney.
“Interest rates are low, and the lower dollar is already having a positive effect on a number of industries like tourism, education, and retail,” he said.
