Reserve Bank of Australia Governor Lowe testimony recap - pain ahead for households

Comments from Reserve Bank of Australia Governor Lowe are here from earlier:

• RBA Gov Lowe says wage growth has not been a source of inflation

Reuters have popped up a recap of his testimony:

• "Mid-2025 is pressing the length of time we can reasonably take, because if we take longer than that, people may reasonably say: 'Are you serious about the inflation target?' I want to reassure you we're serious," said Lowe.
• "The risk to inflation is to the upside and we need to be attentive to that."

Lowe with assistant governor of financial system Bradley Jones