Earlier from Reserve Bank of Australia Deputy Governor Lowe is here

More now, from the Q&A:

  • Says still have scope to lower rates if needed
  • Says the RBA does not provide future guidance in months when it changes policy ... wants to focus on decision when rates are cut, not on guidance
  • Doesn't like 'currency war' language as its inaccurate

AUD/USD moving a little lower.

Q&A session is now complete