Senate debates

Monday, 14 August 2006

Questions without Notice

Interest Rates

2:44 pm

Photo of Nick MinchinNick Minchin (SA, Liberal Party, Minister for Finance and Administration) Share this | Hansard source

In any event, after 10 years of independence of the Reserve Bank we have enjoyed a prolonged period of low and stable interest rates, presided over by one of the best central bankers in the world. I pay tribute to Mr Ian Macfarlane, the Reserve Bank Governor, for what he has done and I congratulate his successor, Mr Glenn Stevens.

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