RBA Governor Lowe repeats that in no hurry to raise interest rates

Earlier comments from Lowe can be found here:

• RBA Gov. Lowe says not his job to target high house prices, higher rates not the solution

More:

• would like to see wages growing at 4% along with full employment.
• need to see wage growth at 3% to be confident on inflation meeting target
• if the rest of the world is tightening policy and we are not, would lead to a lower AUD
• if other central banks tightening would increase probability of us following
• prepared to keep rates low if domestic economy require it