MP3: RBA warns against complacency on living standards

25.11.2013

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RBA warns against complacency on living standards MP3

The Reserve Bank has warned that the 'sweet spot' of the resources boom has passed, and that the nation's current high living standards shouldn't be taken for granted. The RBA's deputy governor, Philip Lowe, has also fuelled the debate on productivity, saying businesses need to become more efficient to succeed in the post-boom era. Source: abc.net.au

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