The Australian Government has made a significant change to the fiscal stance which will flow through the demand side of the economy during the summer. The decline in the Australian dollar by about 20 per cent against a trade-weighted basket also amounts to a significant change for the trade-exposed sectors of the economy, though at the cost of some temporarily higher price rises.
Thank you, and I wish all of us a fruitful and engaging conference. 2/2  BIS central bankers' speeches