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Prof. Stephen Brown's comments on Australia's economy at the Centre for International Finance and Regulation Forum are highlighted

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Excerpt from Australian Financial Review -- "My great fear is there is too much a sense of complacency in Australia – there is too much of a sense that Australia avoided the worst of the financial crisis and it will do so again. I think for that reason, this financial system inquiry is extremely timely – to actually have a fact based analysis of how well we did we do, and what can we do to reduce the incidences and impact of financial crisis. I don't think the experience of Australia during the financial crisis is necessarily an indication of how Australia will fare in future financial crises."

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