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13 Nov 2014
RBA Kent: High A$, mining investment, fiscal tightening to weigh on growth
FXStreet (Bali) - RBA Assistant gov Kent said high A$, falling mining investment, fiscal tightening to weigh on growth.
Key headlines
RBA assistant gov Kent says growth to be below trend until pick up in 2016
RBA Kent says high a$, falling mining investment, fiscal tightening to weigh on growth
RBA Kent reiterates a$ above estimates of fundamental value given falling resource prices
RBA Kent: very low rates will continue to encourage households to save less, spend more
RBA Kent says consumption will eventually boost jobs growth, lower unemployment
RBA Kent plays down concerns about sluggish growth in household incomes
RBA Kent says conditions in place for pick up in non-mining business investment
RBA Kent: non-mining business investment could be lower than in past without dragging on GDP
Key headlines
RBA assistant gov Kent says growth to be below trend until pick up in 2016
RBA Kent says high a$, falling mining investment, fiscal tightening to weigh on growth
RBA Kent reiterates a$ above estimates of fundamental value given falling resource prices
RBA Kent: very low rates will continue to encourage households to save less, spend more
RBA Kent says consumption will eventually boost jobs growth, lower unemployment
RBA Kent plays down concerns about sluggish growth in household incomes
RBA Kent says conditions in place for pick up in non-mining business investment
RBA Kent: non-mining business investment could be lower than in past without dragging on GDP