Reserve Bank of Australia head of economic analysis Alexandra Heath in speech reported by Bloomberg
- low rates having limited impact on investment
- investment hurdle rates can be unchanged for several years
"Liaison contacts do not report that current levels of interest rates are discouraging them from investing, But neither do they typically indicate that the current low levels of interest rates are directly encouraging them to invest more"
Heath's speech is intended to explain the role of business liaison in formulating monetary policy and gauging the strength of the economy
AUDUSD still trying to make its mind up around 0.7000
