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