15 Quotes by Ian Macfarlane

The real emissions are coming from industry. And it's industry which needs to embrace the technology.

With strong investment growth and an expected improvement in exports, our forecast for the economy overall is that annual GDP growth will pick up modestly during 2006 to about 3.25 pct.

The world economy is growing at an above average pace for the fourth successive year and, significantly, forecasts have been revised upwards.

Realistically, in terms of any significant quantity we are probably looking at some time past 2010.

Australia is already fully committed in terms of uranium production through until about 2008, bearing in mind that the signing of this agreement means that this is really only the start of the process.

It is quite possible that the rise in household debt ratios could go a good distance further. The risk, of course, is that the process goes too far and that a painful correction ensues.

It is the best monetary policy regime we have experienced and the best one available.

When everyone feels that risks are at their minimum, over-confidence can take over and elementary precautions start to get watered down.

A government cannot be expected to allow independence to its central bank unless that bank is also accountable to it and to the wider public. That is, the central bank must be able to be judged on whether or not it has achieved its agreed objective.