Here’s Jess Irvine today:
No less than three former senior Reserve Bank officials have in the past month penned thought pieces countenancing the need – at some point – for higher rates to stave off debt risks.
In a piece for Ellerston Capital, where he has taken on an adviser role, in addition to his new role on the Macquarie Bank board, immediate past Reserve governor Glenn Stevens recently posed the question: “Are we there yet?”
