Two local students attended the Parliamentary Standing Committee on Economics in Sydney today as guests of Federal member for Page Kevin Hogan.
Josie Coles and Jeremy Kumar won the all-expenses trip in a competition in which students from across Page had to submit a question they would ask the Governor of the Reserve Bank of Australia Glenn Stevens.
The two students will now go into the running, along with a group of students from Sydney, to directly ask Mr Stevens their questions during his appearance before the economics committee, on which Mr Hogan sits.
“I thought it would be a good opportunity for our students to get an insight into the country’s economy,” Mr Hogan said.
Jeremy from Rous asked: “In around five years from now I will have graduated from university and will be looking for post-graduate employment. What I would like to know is what effects you think the potentially unsustainable levels of US, European and indeed Australian sovereign debt will have on the Australian economy in the medium to long-term and especially in regards to employment?”
Josie from Wyrallah asked: “If the unemployment rate starts to head over 7% and inflation moves above your 3% comfort level, would you raise the cash rate to fight inflation or keep the cash rate low to support greater employment?”
Mr Hogan described both winning questions as insightful and a credit to their schools and teachers