Wednesday, March 13, 2019

Reserve Bank deputy governor Guy Debelle warns climate change impact would be "abrupt, disorderly" - now factored into policy deliberations

Climate change now threatens Australia's financial stability. 

That's the stark warning from the Reserve Bank on what could become an "abrupt and disorderly" economic transition. 

In a landmark speech last night, the RBA's deputy governor said climate change had become a "key policy concern" given that's being factor into monetary policy deliberations. 

ABC's Peter Ryan analyses Guy Debelle's landmark speech.

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