Foreign exchange regime has also been liberalized and exchange controls have been lifted. Business processes are being rationalized and simplified.
Philip Lowe: Investment and the Australian economy Address by Mr Philip Lowe, Deputy Governor of the Reserve Bank of Australia, to the CFA Australia Investment Conference, Melbourne, 24 October 2013. *  *  *  I would like to thank Gareth Spence and Leon Berkelmans for valuable assistance in the preparation of this talk.