Bank Desk Views Ahead Of Today's RBA MonPol.....>

RBA: Bank Desk Views Ahead Of Today's RBA MonPol Decision:

- Barclays: The RBA is likely to stay on hold, flagging low inflation,

reasonable growth and ongoing sluggishness in income and wage growth.

- NAB: We expect no change to the core message, however, we will be on the

lookout for any indication that recent developments may have affected the

outlook. In particular the rise in Westpac's home loan rates. The RBA's view has

been that the current credit slowdown is mostly demand driven, and has

downplayed credit tightening - does this change their view in any way?

- Westpac: Uncertainties and challenges remain, notably around the consumer,

weak wages growth, high household debt levels and housing, as prices ease a

little following strong gains and as lending conditions tighten. We expect the

RBA cash rate to remain unchanged at 1.50% throughout 2018 and 2019, and now as

well during 2020.