- China slowdown matters for Australia
- Europe has successfully handled several risk events
- Australian commodity prices fell more than expected
- Australia’s banking system is in good condition
- RBA has monetary policy ammunition
- RBA has scope to move on interest rates
Comments made during seminar in Tokyo.
Bloomberg reporting.
Those last two comments will help underpin speculation in certain quarters, that we’re going to see Australian interest rateS down around 2.75% by end of Q1 2013. We’re presently at 3.25%.
