The PM should ask Stevens to resign unless he is a message boy sent to collect the check for the Central Bank in between the central bankers' surfing and general careless attitude to a country a mere 237 years old known for having an "independent" economic leader who chills out in a mansion on a southside beach in stead of fixing its broken, wounded and poor performing economy with a globally expected rate reduction of about 150 bps from 2% to 0.50% to bring its exorbitant exchange rate down.
See below the evidence of the central banker being out of touch in Cronulla: http://www.smh.com.au/business/cbd/...stmas-despite-nitpickers-20151125-gl7ipx.html
Those southside beaches in Cronulla r world famous for unsolved murders that r mysterious in the cover-up associated with them (u must be a tough guy to hang around the surf of Cronulla): http://www.smh.com.au/nsw/call-to-release-wanda-beach-murder-pictures-20140703-zsv4c.html
That r also home to the "Cronulla" or "sydney" riots against youths of middle eastern appearance http://www.abc.net.au/news/2015-12-...e-cronulla-riots-on-our-streets-today/7020388
I don't think Australia's central bank, the self named RBA cares less about the Australian economy, it is easy for a country where some venerate a bank robber, Ned Kelly, http://www.heraldsun.com.au/news/la...ay-families-cops/story-fni0ffnk-1226745969659
and generally cares not one hoot for itself with one of the highest homicide rates according to Ted Cruz and one of the highest rates of rape in the western world.
What does a PM in Australia do? Leave the economy to a surfer who by his own admission thinks he has time to Chill? R they necessary? Even Janet Yellen and Hilarious Clinton would do the Australian Central Banker and Federal PMs to shame
SUN Price at posting:
$11.27 Sentiment: Buy Disclosure: Held