RBA Deputy Governor Philip Lowe spoke earlier.

Headlines are here: RBA's Lowe: flexibility of AUD, labour market & monetary policy helping adjustment in economy

More comments crossing now, from his post-sppech Q&A:

  • In the medium term we can grow faster than 2 pct
  • We need to see buiness investment increase, if that occurs we can see growth closer to 3 pct

Headlines via Reuters

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Sounds like Lowe is being Mr. Positive. Maybe looking for the nod as the next head of the RBA? Current head Glenn Stevens is due to retire from the position around this time next year.