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RBA’s Harper: RBA has a “steady as she goes” approach

The Reserve Bank of Australia (RBA) board member Ian Harper is on the wires now, via Reuters, speaking on the wage growth and interest rates outlook.

Key Headlines:

Falling house prices wouldn’t scuttle rate hikes.

Wage growth “is all slow”.

Wage hotspots are not obvious.

Wage growth recovery will be a long haul.

RBA has a “steady as she goes” approach.

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