Assistant Governor Lowe is on the news wires stating that the RBA sees economic growth at or above average for the next few years. Global risks need watching but the central scenario remains positive for Australia. Main challenge is to expand the supply side to satisfy demand without causing inflation.
Looks like the interest rate tightening cycle might be with us for a while yet. The AUD/USD has popped from .9135 to .9155 on these comments.