RBA Deputy Governor Debelle spoke earlier, now the Q&A

  • Says the drag on the economy from lower house prices is still unclear

The RBA are a happy bunch indeed. I wonder what they are looking at to be so sanguine?

Earlier:

More from Mr. D:

  • RBA paying close attention to falling house prices
  • lower AUD probably helping give economy a bit of a boost, not huge
  • Helpful for our economy is the Fed pushes the AUD lower