RBA gov Lowe in a scheduled speech 15 Nov
- reasonable prospect inflation will return to average levels in next 2 years
- Q3 CPI report suggested inflation was not moving lower
- high household debt a risk, important to avoid financial imbalances
- not in public interest to encourage further build-up of household debt
- budget repair can be undertaken over time, should not stop infra structure
AUDUSD suitably unfazed at 0.7558 still
RBA's Lowe - In positive mood