- will adjust policy as needed to foster sustainable growth
- AUD at high level.. could fall further
- sees economy adjusting to lower levels of mining investment
- unemployment rate has edged higher
- inflation to remain in target over next 1-2 years
- further effect of past easings expected over time
- inflation has been consistent with target
- labour cost moderating. expected to do so over next 2 years
No direct talk of further easing so Aussie getting a lift despite the mention of policy adjustment as needed and saying aussie could fall further maintaining some dovish tones
AUDUSD higher at 0.9013 from 0.8981 pre-announcement
