This was also the case through the first half of the 1960s. 1  Markus Hyvonen provided excellent research assistance for this speech. 2  'Some Aspects of Monetary Policy', Talk by the Governor, B.W. Fraser, to Australian Business Economists (ABE), Sydney, 31 March 1993, Reserve Bank of Australia Bulletin, April 1993, pp. 1–7.
We have noted that a number of governments need to reinforce their efforts to proceed along the path of fiscal consolidation in order to achieve the objectives of the Stability and Growth Pact.