Falling profits may prompt Australian companies, which have long been accused of complacency about growth, to start taking more risks, Reserve Bank of Australia Glenn Stevens said in his regular year-end interview with The Australian Financial Review.
More company boards may be lowering their "hurdle rates" for new investment, Mr Stevens said, but there is a need for them to take bigger risks.
Loading...
Jacob Greber was The Australian Financial Review’s senior political correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com