Reserve Bank of Australia's Alexandra Heath, Head of Economic Analysis, speaking
- Recent economic data positive
- Says now more confident about a sustainable pick-up in non-mining business investment
- Says "paying close attention" to house prices given effect on household wealth
- Dwelling investment not likely to contribute much to growth over next couple of years
Most of the speech is on the housing market (d'uh … see title and link to the full text below), but a couple of comments on the economy more generally
Full text:
The Outlook for the Housing Market
