This in the Aussie press overnight
- Calls for the Reserve Bank of Australia to lower its 2-3% inflation target
- Speculationis the RBA will use the change over to new Governor Lowe in September to review the target or the way it is used
- Bill Evans, chief economist at Westpac Bank: "They'd be recognising that the world has changed and we're changing with it."
The article is here, the Australian Financial Review is often gated but give it a try
