Glenn Stevens: Australia’s economy against the background of recent international developments Opening statement by Mr Glenn Stevens, Governor of the Reserve Bank of Australia, to the House of Representatives Standing Committee on Economics, Sydney, 7 March 2014. *  *  *  Madam Chair Members of the Committee Thank you for the opportunity to meet with you today.
When we met with the Committee just prior to Christmas, I suggested that, taking an international view, 2013 could be described as a year that turned out not to be quite as good as hoped for, but not as bad as feared. Nothing that has occurred in the period since then would change that assessment.