Senate Economics Legislation Committee, , 3:59:58 to 5:05:56
The Governor compares Australia's economic position and policy rates against other advanced economies experiencing different demand-supply dynamics.
Topics: Government spending, Trade policy
Speakers: Michele Bullock, Senator Dave Sharma, Unknown Speaker
Okay. Okay, thank you. Um then just touching you mentioned your opening statement, Governor, that central banks and other advanced economies are increasing the policy rights.
Well, once we compare ourselves with no Senator, but um as I was discussing earlier. Um most of those economies were not coming from positions of excess demand. They were coming from positions of excess plot. So they were they they are basically in a very different situation than us.