During the recent August reporting period RBA Governor Glen Stevens caused significant debate concerning the role of Corporate Australia in stimulating growth...
During the recent August reporting period RBA Governor Glen Stevens caused significant debate concerning the role of Corporate Australia in stimulating growth within the Australian Economy. Stevens said that the onus now falls on Corporate Australia to take more risk and invest in growth rather than the current trend of returning capital to shareholders. So do Glen Stevens' comments over simplify the situation for investors? Is it responsible to encourage growth for growth's sake regardless of the returns management can or can't see? In our latest Buy Side Brief we asked Don Williams from Platypus, Chris Prunty from Ausbil Microcap and Tim Carleton from Auscap Asset Management for their views on Glen Stevens' comments. You can read the responses here: (VIEW LINK)
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