Reserve Bank of Australia Governor Captian Obvious Phil Lowe

Speaking as part of a panel on at The Australian's Strategic Forum 2020

China is Australia's largest export destination

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  • bond buying is lowering the cost of government borrowing, and also rates across the economy
  • its completely right for the government to borrow to support the economy right now

Lowe's comments on government fiscal policy are in line with his calls for such policy and not leave all the heavy lifting to monetary policy.