To help us explore the various possibilities, we have recently issued a small amount of digital currency as part of a research project with the Digital Finance Cooperative Research Centre. This central bank digital currency is being used by the industry to explore possible use cases, and we are very interested to see the results.
I look forward to productive sessions with you over the life of this Parliament. I shall begin by reviewing the economy’s performance over the past year or so. I will then offer some comments about the current conjuncture, and some of the issues that we face in the period ahead. All this provides some context for our discussion about monetary policy.