RBA Deputy Governor Philip Lowe speaking.
Title of his speech is “Productivity and Infrastructure”; to the IARIW-UNSW (The International Association for Research in Income and Wealth – University of New South Wales, Australia) Conference on Productivity Measurement, Drivers and Trends, Sydney.
- Says declining terms of trade, aging population, to weigh on living standards
- Optimistic productivity will improve, partly due to high $a and mining output
- More investment in infrastructure would help
Link to full text of his speech:
Productivity and Infrastructure
Philip Lowe
Deputy Governor
–
OK, so the speech is published. There is going to a lot more interest in the Q&A to follow. Waiting on that now.
