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2009-08-13 — blogspot.com
Being a major exporter of raw materials located not far away from the country with the most ravenous appetite for commodities the world has ever seen must make monetary policy a bit easier to carry out in Australia than in other countries. Nonetheless, with a frightening housing bubble earlier in the decade that has since proved to be far less damaging than those in other Western countries, they seem to do a much better job at the central bank down under, at least according to this report in Reuters. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |