- AUD has been very high but that was understandable
- has now come down and playing a stabilizing role
RBA dep gov on the wires a few moments ago
AUDUSD has fallen on the bearish suggestion that price is better for being lower
Currently 0.9128 from 0.9145 after low post of 0.9125
- rise in house prices is normal part of policy mechanism
- would be a concern if home speculation became widespread