More from RBA's Lowe (in the Q&A): Should be able to increase wages at >3%y/y
Lowe says: If we did the right thing, we could do 4%. "But that's up to you"
(Lowe addressing the 'up to you' at an MP. Lowe referring to reforms etc. - outside the remit of the Reserve Bank of Australia)
More from Lowe:
- uncertainty on energy policy is affecting business, business investment
- higher energy costs (electricity) crimping household budgets, will lift inflation