RBA governor sees his mug as half-full

Australia has so many opportunities and so many things going for it, so it's important to be optimistic, RBA governor Philip Lowe says.

Reserve Bank governor Philip Lowe sees the glass - and the mug - as half-full, both figuratively and literally.

Dr Lowe says as an optimist he's chuffed that the sole item his predecessor Glenn Stevens left for him in his office earlier this week was a coffee mug emblazoned with the words "half full".

"I'm very pleased he did that because that's my mindset as well, that our country just has opportunities, so many things going for it. I wouldn't want to be the central bank governor in any other country than this one," Dr Lowe told a parliamentary committee on Thursday.

"I see our economy has adjusted through an incredibly large external shock ... I used to talk about this all the time and how we could convince people to have their glasses half full as well."


Share

1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world