Australian interest rates

Phil Lowe speaks of trust with forked tongue

David Llewellyn-Smith
Wednesday, 21 November 2018
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RBA Governor Phil Lowe last night:

Thank you for the invitation to address CEDA’s annual dinner. It has become a tradition at these dinners for the Governor of the RBA to talk about how we secure Australia’s continued economic prosperity. I would like to continue that tradition tonight.

My focus is going to be on the importance of trust as an essential building block of economic prosperity.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.