RBA dep gov Debelle says floor for rates is likely around zero to 0.5%

Reserve Bank of Australia Deputy Governor Guy Debelle Q&A following his earlier speech.

• floor for rates is likely around zero to 0.5%
• RBA has looked closely at minimum rates in other developed countries
• Hope we never have to get down to those levels
• Housing market is showing signs of stabilisation, not resurgent
• Would like to see more investment in infrastructure
• Trade uncertainty is having sizeable impact on corproate investment decisions
• if rates got to around 0.5% would have to consider other options