convene
v. assemble; gather
INFLATION will remain low and investment attractive as business spending replaces easing household demand, says Reserve Bank deputy governor Glenn Stevens.
Mr Stevens, speaking at a seminar convened by the Institute of Chartered Accountants, said continued demand for resources, increased business investment, strong profits and low finance contributed to a propitious investment environment.
His comments came as figures showed wage increases were not a threat to inflation and the Australian Stock Exchange was at near record highs
[ Higher wages no threat to inflation ]
INFLATION will remain low and investment attractive as business spending replaces easing household demand, says Reserve Bank deputy governor Glenn Stevens.
Mr Stevens, speaking at a seminar convened by the Institute of Chartered Accountants, said continued demand for resources, increased business investment, strong profits and low finance contributed to a propitious investment environment.
His comments came as figures showed wage increases were not a threat to inflation and the Australian Stock Exchange was at near record highs
[ Higher wages no threat to inflation ]
posted by Dennis @ Thursday, February 23, 2006
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