Philip Lowe, Deputy Governor of the Reserve Bank of speaking on "Recent Economic Developments"

Headlines via Reuters

  • Says domestic economic fundamentals strong, optimistic on future
  • Must be careful that uncertainty in Australia does not mutate into "chronic pessimism"
  • Says fall in A$ over last couple of years helping economy adjust
  • Monetary policy alone cannot drive living standards, need economic flexibility

Reuters add that Lowe "Offers no guidance on outlook for interest rates in speech"

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Lowe's speech released a few moments before the 2140GMT start time

Full text is here