Phil Lowe on Australia's economy, productivity and the Future Generation model
Following the RBA's fifth consecutive interest rate increase this year, Dr Phil Lowe, Future Generation Australia (ASX: FGX) Chair and former RBA Governor, joined CommSec’s Executive Series for a 30 minute interview on the key economic issues facing Australia.
Phil shares why he joined Future Generation, his first appointment after more than 40 years at the RBA, and how the model delivers financial returns for investors while funding non-profits supporting better outcomes for young Australians.
"For many investors, Future Generation Australia is a very attractive product. You get access to a curated portfolio of boutique fund managers. You get higher than market returns, less risk, and steady and relatively predictable dividends." - Philip Lowe, Chair, Future Generation Australia
He also discusses Australia's stagnating living standards, housing supply and ways to improve productivity, while reflecting on his experience as RBA Governor during the COVID-19 pandemic.
Watch the 30 minute interview.
Read the transcript.
Chapters:
0:36 to 2:40 – Why Philip Lowe joined Future Generation
2:48 to 5:56 – Explaining the Future Generation model
6:03 to 7:35 – Philip Lowe’s role as Chair of the ASX Advisory Group on Corporate Governance
7:47 to 13:46 – Australian economic outlook and policy
13:51 to 20:12 – Artificial intelligence and productivity
20:19 to 26:57 – Reflecting on the pandemic
27:03 to 29:58 – Australia’s economy and the next generation
5 topics
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