At the first meeting, in 2013, we took stock of what part central banks should play and of the best international practices to promote financial inclusion and education; 2. At the second meeting, in 2015, we debated financial education in schools, distance learning and the importance of partnerships for the success and sustainability of financial inclusion and education policies.
These developments I’ve summarised have generally been positive. To recap, accommodative monetary policies and greater confidence in the outlook for global growth have contributed to low spreads on a range of non-government debt. Australian issuers have benefited, with greater issuance, across a more diverse range of issuers and at longer average tenors. But the outlook is not without risks.