Hats off for Stevens' seven

Despite Joe Hockey's failure to endorse Glenn Stevens' reappointment as Reserve Bank governor, his policy management over the last seven years deserves applause.

Today marks the end of the first seven-year term of Reserve Bank of Australia Governor Glenn Stevens. He was reappointed for a further three years back in April by then Treasurer Wayne Swan. This was a glowing endorsement of the way Stevens has run the Bank and conducted policy in the most powerful economic position in the country.


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