Still more from RBA governor Stevens: Businesses have a significant lack of confidence

RBA Governor Stevens before the Australian parliament's House of Representatives' Standing Committee on Economics today.

Earlier comments etc. are here:

• Opening Statement to House of Representatives Standing Committee on Economics (link to the full text of his opening address at the RBA website)
• RBA governor Stevens testimony: Further fall in AUD likely to occur
• More from RBA governor Stevens: AUD is more or less doing what we expect it to do
• RBA's Kent weighing in now: Animal spirits are lacking in business
• Comments on RBA Stevens' testimony this morning from CBA

--

• Businesses have a significant lack of confidence
• Lack of confidence biggest worry in achieving growth

Added:

• It does seem dangerous kind of deflation is likely in China Corrected on the wires now: it doesn't seem dangerous kind of deflation is likely in China

I thought that original China deflation comment was just a little too frank to be true ...

---

And that brings an end to Stevens' parliamentary testimony.

He'll be back again in 6 months