The RBA deputy governor is answering questions after his speech:
- He sees a “very substantial” increase in resource exports in the next few years.
- He’s optimistic about China and India
- Surprised by negative reaction to China growth target, it was “good news”
- China turning to a more sustainable model based on domestic demand, better in long run
- No case that AUD is misaligned with fundamentals
- “The hurdle for intervention is quite high”
- Sees “some strength” in jobs market
