Reserve Bank governor Philip Lowe says the outlook for the Australian economy is favourable, with expectations of good growth and a declining unemployment rate. He expects interest rates to eventually rise, but says there are signs wages could go up, too.
Reserve Bank governor Philip Lowe says the outlook for the Australian economy is favourable, with expectations of good growth and a declining unemployment rate. He expects interest rates to eventually rise, but says there are signs wages could go up, too.