Bank desk views on the RBA Nov meeting..........>

RBA: Bank desk views on the RBA Nov meeting minutes:

- Barclays: The board minutes are likely to be positive on the growth trajectory

given recent increase in RBA's growth forecasts; comments on unemployment rate

downgrade will be keenly watched.

- RBC: We expect the latest set of minutes to deliver an upbeat tone consistent

with the RBA's upward revisions to GDP, inflation and downward revisions to the

unemployment rate in the quarterly statement released soon after the November

board meeting. Key domestic data since the board met have been decent with

another stellar employment report and some lift in annual wages growth. This

suite of labour market indicators remains key to the RBA policy debate and will

likely lift their confidence in achieving a return to within target inflation.

- TD: The Minutes for the RBA November Board meeting is unlikely to make ripples

in the market given 6 Nov policy statement was more than fleshed out in the

subsequent Statement on Monetary Policy.