1 Since a similar function last year the Foundation has continued to build up its capital, and this year will be making its first grants by way of scholarships, called the Anika Foundation Depression Awareness Scholarships, as a part of the NSW Premier’s Teachers Scholarship Program.
Nevertheless, we have not yet completed the task of attaining our goal of a sustained path of inflation close to but below 2%. But while monetary policy has been successful at sustaining the area-wide recovery, it is unable to significantly counteract the effects on individual countries from asymmetric shocks, which have been substantial in recent years.