Andrew Hauser will join a central bank facing a delicate balancing act between full employment and too-high inflation. House prices neatly tell the story.
When Andrew Hauser arrives from London to take up his post as the new deputy governor of the Reserve Bank in Sydney, he’s likely to ask the same questions that hundreds of thousands of other migrants have asked upon landing in Australia this year.
“A house costs how much?”
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
