As we have this discussion, it is also important that we keep focused on the other issues I just touched on, as these areas play an important role in building durable comparative advantage and prosperity. I would like to finish with a few words about the role of the RBA in contributing to a positive investment climate.
However, I must also confess that other macroeconomic policies have not lived up to expectations. In the area of fiscal policy, we have seen a process where commitments made have repeatedly been broken.