22 Nov 2016
RBA’s Kent: Stronger growth would push inflation up to more normal levels
More comments flowing in from RBA’s Kent, as he speaks on the Australian economy at his speech in Sydney.
Key Comments:
Stronger growth would push inflation up to more normal levels
Unemployment rate up, points to spare capacity
Lack of full-time employment growth this year due to weakness in Western Australia (WA)
High home prices, household debt still a risk but less so than last year
Higher commodity prices unlikely to lead to mining investment pick-up