Earlier from Reserve Bank of Australia Governor Stevens:
- RBA governor Stevens: Says AUD needs to fall further
- AUD lower in the wake of RBA head Stevens' comments
- Does the RBA have an easing bias?
Now, from the Q&A:
- Says needs to emphasise sustainable growth through policy
- Says businesses setting too high a hurdle on returns on investment
You listening out there all you business people? Australia's highest paid public servant is telling you to risk more.
Oh dear ... I'm getting fractious ... I must need my lunch and a lie down.
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Anyway ... more from the main man:
- It will be quite some time before RBA even thinks about rates going up
- Housing in Sydney is acutely concerning
- But Sydney is not the whole country, house prices in other cities much softer
