All eyes on Stevens - where to from here?

The RBA governor will outline his vision for economic transition in Brisbane as investors look to retail sales numbers for May.

Glenn Stevens’ statement yesterday was predictably brief. But this afternoon in Brisbane the Reserve Bank governor should expand on his vision of where the economy is headed.

Stevens will address the Economics Society of Australia where he hopefully will elaborate on the looming transition Australia is facing from a nation relying on resource investment led growth to one with more balanced growth.

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