For those of you following their analysis
- previous forecast was for Nov 2015
- says RBA has been offering a more positive narrative lately
- RBA likely to have drawn comfort from significant decline in AUD
- it will take a "number of months" to show that some of the heat is coming out of the housing market and that the RBA can provide more policy support without excessive risk
AUDUSD currently 0.7068 still in consolidation mode after yesterday's strong recovery from below 0.7000
