Reserve Bank of Australia Governor Lowe
- Difficult to imagine rates will rise in 2019
- Its unlikely inflation will be a problem any time soon
- buyers are returning to the housing market, it will stabilise in time
- Australia has not built too many houses, there is no excess supply
- RBA shift to neutral policy is not designed to support housing
- Lowe says he is still optimistic that the law of supply and demand will work to raise wages
more to come