KGB: Ross Garnaut

Economist Ross Garnaut says the Australian dollar must fall 20-40 per cent from highs earlier this year, business expectations of Tony Abbott are unrealistic and interest rates should be lower in light of globally loose policy.

Economist Ross Garnaut tells Business Spectator's Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz: 

-- A dollar range around 60-80 US cents is necessary to keep Australia competitive.

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Economist Ross Garnaut tells Business Spectator's Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz: 

-- A dollar range around 60-80 US cents is necessary to keep Australia competitive.

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