Ensuring that our public finances are on a sustainable footing is important to ensuring that we have similar flexibility in the future. The issue of how the tax system affects the competitiveness of Australia as a destination for investment is one of ongoing political debate.
Evidence of this is that our monetary policy decisions have been very predictable, as reflected in money market indicators, which I rate as a highly positive development. Indeed, we want to be, and we have to be, well understood in order to be effective in our policy.