RBA governor signals ignorance of the real world

For some 35 years, it's been a major part of my job to observe, report and comment on the Reserve Bank of Australia (RBA). In that time, I can't remember a worse speech by a governor than that delivered by Philip Lowe at the annual Anika Foundation lunch on Wednesday. I'm a big fan of the RBA – w...

RBA governor signals ignorance of the real world