6  BIS Review 39/2010  Consistent with this, and the stronger underlying economic conditions in Australia, the share of non-performing housing loans in Australia has remained very low (Graph 5). In December 2009, the share was 0.6 per cent in Australia, much the same as it was 15 years ago.
David Dodge: Monetary policy report update Opening statement by Mr David Dodge, Governor of the Bank of Canada, at a press conference following the release of the Monetary Policy Report, Ottawa, 18 October 2007. *  *  *  Today, we released the October Monetary Policy Report, which discusses current economic and financial trends in the context of Canada's inflation-control strategy.