Philip Lowe: Changing relative prices and the structure of the Australian economy Address by Mr Philip Lowe, Assistant Governor of the Reserve Bank of Australia, to the Australian Industry Group 11th Annual Economic Forum, Sydney, 9 March 2011. *  *  *  Thank you for the invitation to speak again at the Australian Industry Group’s Annual Economic Forum.
Over many years, Ai Group and its members have provided the Reserve Bank of Australia with valuable insight into the issues affecting firms and so it is a pleasure to be here this morning. The topic I would like to talk about is structural change in the Australian economy.