More from Australian Treas Sec: Can't look to AUD rate as long-term savior of economy

Comments from Australian Treasury Secretary John Fraser speaking (slowly) to a parliamentary committee this morning

• Labour force is broadly in line with may budget forecasts
• Cannot look to the AUD rate as a long-term savior of the economy

Bloomberg with the headline comments

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I don't have a pic of the parliamentary committee, but this is probably pretty close to the view Fraser has right now: