• Investors in FX markets underestimating risk of decline in aussie dollar
  • Yields on Australian assets attractive to foreign investors
  • Productivity needs to improve for quite a long time
  • RBA can’t fine tune transition from mining investment
  • Material risk AUD will go lower

Stevens comments coming in following the earlier release of the RBA minutes

AUD/USD slips to 0.8703 from 0.8745