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It's Parliament's job to balance efficiency with fairness: Stevens

Reserve Bank Governor Glenn Stevens has refused to be drawn on Coalition claims that the Federal Government's IR changes will make Australia's labour market too inflexible given the global financial crisis, saying it was Parliament's role to balance efficiency with fairness and equity. He also today said he regarded the AiG's Heather Ridout as "sensible" and "balanced", and presumed that if she had concerns with the legislation they would be examined.