Reserve Bank of Australia's Luci Ellis, Assistant Governor (Economic) - as part of a panel discussion
At the 9th Annual Australian & New Zealand Investment Conference
- says starting to see spillover effect from public infrastructure spending onto non-mining private sector
Looks like that might be all we get ... So that comment, translated ... government spending is supporting the non-mining economy. That's the right take on that comment isn't it??
Oh, here we go ... more:
- Watching energy policy developments in Australia
(At the same time PM Turnbull has just announced an energy 'guarantee' on affordable, reliable energy.)
More (from Ellis)
- Electricity prices not a dominant factor in household spending but will add to headline inflation