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- RBA minutes: Agreed holding rates steady a source of stability and confidence
RBA minutes: Agreed holding rates steady a source of stability and confidence
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recent modest fall in AUD helpful for domestic economic growth
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findings of Royal Commission could lead banks to further tighten lending standards
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important to measure supply of credit so that economy continued to be supported
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RBA noted modest increase in banks' funding costs, mortgage rates still low after recent rises
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home prices had fallen noticeably in Sydney and Melbourne, following previous strong gains
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uncertain on consumption given subdued income growth, falling home prices
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