RBA minutes: jobs, debt and houses

16 May 2017

 

The minutes of the RBA’s May meeting were largely unchanged from the April minutes and references to the labour market, house prices and household debt all featured prominently. The RBA board thought “developments in the labour and housing markets warranted careful monitoring” but there does not appear to be any sign of a rate change in the short-term as arguments for higher rates are offset by arguments against. The outlook...

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