RBA's Lowe moving into Q&A session in Pert. 21 Sept

  • RBA policy mandate is very broad
  • allows us to take our time
  • does not see direct link between wage growth and mon pol
  • workers not getting their traditional share of income
  • hard to see inflation getting back above 2.5% anytime soon

Up, down and all around, but in no rush for any of it, from the RBA gov.

AUDUSD 0.7968 on session low(e)s.