Exclusive: RBA responds to CoreLogic
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Sort of, from the RBA:
In response to your email, and for your background, I refer you to relevant remarks contained in two recent Bank publications:
- August 2016 Statement on Monetary Policy – Chapter 3. Domestic Economic Conditions
- Minutes of the Monetary Policy Meeting of the Reserve Bank Board, Sydney – 2 August 2016
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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.