Stevens: this kind of reckless spending must stop

Glenn Stevens has tried his best, but do you see any sign from the Turnbull Government or Labor that his warning will be heeded?

David Uren:

Glenn Stevens has delivered a blunt warning that the nation cannot count on economic growth to fix the federal budget and says “we are kidding ourselves” that tough decisions can be avoided on cutting government spending.

In a plea before he ends his ­10-year term as Reserve Bank governor next month, Mr Stevens said...