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Philip Lowe, Deputy Governor, Reserve Bank of Australia, 9 August 2012


Philip addressed a networking event for 70 business executives where he discussed “International and Australian Economic Developments”. This evening event was proudly hosted by Clifford Chance.

Daily headlines shout local issues of low productivity, the loss of manufacturing skills, Carbon Tax and Mining Tax. This in on top of international issues around the perilous state of Europe and the election-bound, faltering US. And yet economists suggest Australia is technically at full employment, inflation and borrowing rates are historically low and our quality of life is envied worldwide.

Philip Lowe is one of the nation’s most esteemed economists and was appointed Deputy Governor of the Reserve Bank of Australia in February. In a special offering to our membership, Philip offered his unique perspective of Australia’s current economic standing and how we might fare amongst the problems that are evident internationally.

Philip is also Deputy Chairman of the Reserve Bank Board, and is Chairman of the Reserve Bank's Risk Management Committee. Prior to his current role, Philip has held the positions of Assistant Governor (Economic) and Assistant Governor (Financial System). He also spent two years with the Bank for International Settlements working on financial stability issues.

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