Glenn Stevens | South China Morning Post
  • Mon
  • Feb 2, 2015
  • Updated: 5:03am

Glenn Stevens

Australia’s cenbank ready to act further as mining boom peaks

RBA Governor Glenn Stevens says low interest rates should help sectors such as dwelling and non-mining business investments to recover over time. Photo: Reuters

The cooling of Australia’s long-run mining investment boom will pose a significant challenge, but the central bank stands ready to help support an economy shifting to a new source of growth, the head of the Reserve Bank of Australia said on Wednesday.

Wednesday, 3 July, 2013, 12:09pm