RBA's Lowe (more): Energy prices an issue for Australia - having an effect on economy

Reserve Bank of Australia Governor Lowe appearing in front of a parliamentary committee (House of Representatives' Standing Committee on Economics)

More from Q&A:

  • China taking financial issues more seriously
  • China looking much more at sustainable growth path
  • Energy should ne a competitive advantage for Australia
  • At moment its a liability - having an effect on economy
  • Uncertainty over power prices holding up some investment
  • Scaling up of LNG production is taking longer than expected

AUD doing nothing

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