Risk assessment around the inflation forecast was "broadly balanced"
The likelihood of economic growth in the next few quarters rising
The growth of the Australian dollar may complicate economic growth
Commodity prices have increased significantly
Upward revision of trade prospects are positive for the economy
The expected rate of unemployment decreased, but underemployment is still elevated
Some signs of rising wages stabilized, but there is considerable uncertainty about the strength of the labor market
Much of the uncertainty surrounding the consumption of households, especially the heavily indebted
Housing prices have increased markedly in Sydney and Melbourne
Sales of housing and lending slowed
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