Via Bill Evans at Westpac:
The RBA released the minutes of the Monetary Policy Meeting of the Reserve Bank Board for November and this was followed by Governor Lowe’s speech at the ABE annual dinner.
There were no major surprises in the minutes but the general tone seems somewhat more subdued than we have seen in recent reports. Further to that, the Q&A session following Governor Lowe’s speech later that day provided further insight into the RBA’s views on household leverage.
