Lowe is speaking in parliament this morning.
Earlier:
- RBA's Lowe in speaking in parliament - very optimistic again
- RBA Gov Lowe says inflation probably will be back in target band next quarter
Now:
- Coronavirus risks to Australian economy likely greater than SARS based on what we know.
- some reports of supply chain disruptions
- firms have some inventories but cannot rely on them much longer
- Dep Gov Debelle says have ramped up focus on business liaison program to get better information on the impact of the virus on the Australian economy