The Statement at the time of the September announcement was neutral
I expect the Minutes to be along the same lines;
- The assessment of domestic economic conditions should be a little better than previous
- The bank also noted the higher house prices, so watch for more detail here
--
ps. We'll also be getting Australia Bureau of Statistics house price data for Q2 at 0130GMT
Q2 House Price Index
- expected +2.8% q/q, prior -0.2%
- expected +5.1%, prior +6.8%
