Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards have been progressively eroded so that lenders are now engaging in practices that would have been… — Ian Macfarlane Copy Share Image
For years I have made the point that progress in winding back economic slack is made not by high growth in any individual year,… — Ian Macfarlane Copy Share Image
If people can't abide by the confidentiality of the cabinet room, then they should leave the cabinet. — Ian Macfarlane Copy Share Image
Banks and other providers of credit to households have been competing vigorously to expand or protect their market share. In the process, lending standards… — Ian Macfarlane Copy Share Image
A government cannot be expected to allow independence to its central bank unless that bank is also accountable to it and to the wider… — Ian Macfarlane Copy Share Image
For equity markets, the combination of low interest rates, strong economic growth and low inflation has proved very beneficial, with global share markets rising… — Ian Macfarlane Copy Share Image
Most of us at the Reserve Bank come from a background in economics and hence have a predisposition in favour of free markets and… — Ian Macfarlane Copy Share Image
When everyone feels that risks are at their minimum, over-confidence can take over and elementary precautions start to get watered down. — Ian Macfarlane Copy Share Image
