CEOs blame investors, banks for high hurdle rates
Chief executives and chairman aren't rushing to lower hurdle rates, despite urging from RBA governor Philip Lowe.
Company bosses have rejected as 'risky' a call by Reserve Bank of Australia governor Philip Lowe that businesses reduce their hurdle rates and make investments with lower returns.
Mr Lowe said businesses need to adjust their investment strategy or they would miss the opportunity provided by the extended period of cheaper credit.
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