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- Reserve Bank of Australia says employment has been stronger over recent months, forward looking indicators strong. Held interest rate at 1.50%
Reserve Bank of Australia says employment has been stronger over recent months, forward looking indicators strong. Held interest rate at 1.50%
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RBA says rising AUD would lead to slower econmic growth than otherwise
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Judged steady policy consistent with growth, inflation targets
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Global economy continuing to improve
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Growth expected to pick up gradually over the coming years
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House prices rising briskly in some markets
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Higher AUD is restraining price pressures
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Expects gradual increase in underlying inflation
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Housing debt has outpaced slow growth in incomes
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Some signs housing market starting to cool
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Drag following mining investment boom almost complete
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