RBA’s Lowe: Negative rates still extraordinarily unlikely in Australia

Commenting on the prospects of negative interest rates as a policy option, the RBA Governor Lowe said that negative rates are still extraordinarily unlikely in Australia.

Additional points

“Negative rates would put downward pressure on A$, only benefit.”

“Would only consider negative rates if all the world's major banks had negative rates.”

“Hopes Australia gets back to faster population growth, immigration.”

more to come ....