Reserve Bank of Australia Governor Lowe

  • Difficult to imagine rates will rise in 2019
  • Its unlikely inflation will be a problem any time soon
  • buyers are returning to the housing market, it will stabilise in time
  • Australia has not built too many houses, there is no excess supply
  • RBA shift to neutral policy is not designed to support housing
  • Lowe says he is still optimistic that the law of supply and demand will work to raise wages
Reserve Bank of Australia governor lowe on the housing market

more to come