RBA counter-cyclical moves will be 'inevitable', says Commonwealth Bank economist


Increased activity in Australia's housing market will make macro-prudential interventions by the Reserve Bank of Australia (RBA) "inevitable" in the long run, according to a leading analyst at Australia's largest commercial bank.

The RBA kept its cash rate unchanged at 3% at its meeting on April 2, and the minutes of the meeting – released yesterday – say growth is "forecast to be a little below trend in 2013, and inflation close to target", though there may be "scope for further easing should

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: