Lowe Says `Missing Ingredient' in Aussie Economy Is Investment

  • China's challenges ``are not getting any easier,'' Lowe says
  • Aussie dollar has adjusted considerably, aiding transition

Reserve Bank of Australia Deputy Governor Philip Lowe said business investment is the “missing ingredient” in the economy’s adjustment from mining, while adding that the nation needs to get used to “something a little less extraordinary” in China’s growth.

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