SlowTV-Ian Macfarlane: Australia and the internati...

In the 2008 Lowy Lecture, former Governer of the Reserve Bank (1996-2006) Ian Macfarlane seeks to answer the question of what is different about this financial crisis from the seven previous crises of the deregulated era spanning the past thirty years, and the lessons we can draw from it. In doing so, he views the subject from a global as well as an Australian perspective. The annual Lowy Lecture on Australia in the World is the highlight of the Lowy Institute's events calendar. Following the lecture a candid Macfarlane takes questions from the audience. Ian Macfarlane was the inaugural Chairman of the Council of Financial Regulators. He has been a director of the Lowy Institute since its inception.Sydney, December 2008(Part 1 of 2) Click here for Part 2