Latest from Lowe
- Fundamental long-term factors for Australia's economy remain strong, challenge is to capitalise on them
- house price correction, slow rent growth, Giv't efforts to ease cost of living
- low wages growth one of the factors contributing to weak inflation outcomes
- US-China trade, technology dispute the most prominent global risk
- risks to Global economy tlilted to the downside led by Geopolitical uncertainties
- Seeking to understand the slowing in Australia's economy and the disparity between strong unemployment growth and weak output growth
- Inflation to pick up, but remain below the 2-3% target range for some time to come
- RBA says that if we need to ignore these shifts our exchange rate would appreciate as the Australian economy reaches a 'gentle turning point'
The AUD has risen on comments that the economy has reached a gentle turning point.
