The Reserve Bank of Australia Financial Stability Review is published twice a year, For March and September (today's is for September)

Its not generally a market mover, more for background on how the bank is viewing medium term financial stability

Having said that, its going to be a little more of interest today after the Westpac decision to hike their home loan rates earlier this week and the reaction of the market (plenty of 'this means a November rate cut from the RBA ... which is not a view I share). More on this from earlier this week:

  • Australia-Westpac hikes home loan interest rate
  • Westpac rate hike makes an RBA November rate cut more likely
  • Macquarie on Westpac rate hike today, Nov. RBA rate cut all but sealed
  • Australia press: 'Westpac move 'seals the deal' for RBA interest rate cut'
  • Goldman Sachs add another RBA rate cut to their 2016 forecasts

    • The Westpac hike adds to concerns that financial conditions have tightened. Note that the Reserve Bank of Australia has repeated many items that monetary policy needs to remain accommodative. So we might get an inkling of how they view this move from a commercial bank and what it might mean for the November meeting, and further out, today.