By itself, this suggests that demand in the nonmining sector will need to rise a little further before businesses feel the need to undertake substantial investment in new capacity. Our forecasts for the economy suggest that this will occur in time, but the extent and timing of new investment remains uncertain.
It is necessary, for, as the report notes, “the central bank of the future is designed for speed, agility and adaptability.” All that I have mentioned thus far is only part of HR’s role in this era of transformation.