More from RBA's Lowe - Probability of direction next rate move broadly balanced

A reiteration from Lowe, he switched to this neutral bias just after the febr February policy meeting

• probability of rates going up or down are broadly balanced
• Unlikely rates go up this year
• a hike next year may be appropriate
• don't have a crystal ball on rates
• would be concerned if inflation stayed below 2 - 3 % band

Earlier:

• RBA's Lowe - economic outlook is positive
• RBA's Lowe says surprised by AUD drop on China coal news
• RBA's Lowe upbeat on house price falls
• RBA's Lowe optimistic on China moves against Australian coal exports
• RBA Gov Lowe speaking now - central scenario is 3% GDP growth this year