### Bank Views (1/3) The RBA will announce......>

RBA: ### Bank Views (1/3) The RBA will announce their cash rate target today,

all analysts surveyed expect on hold at 1.50%.

- ANZ: We will be looking to see whether the shift to a more hawkish stance

continues. The RBA Governor may elaborate on the Bank's outlook when he speaks

at the RBA Board dinner that evening. The RBA Governor will also be speaking on

the evening of 8 September. We think we are currently in the midst of a partial

regime shift by the Bank. Concerns around household debt, financial resilience

and stability seem to be gaining much greater focus in its assessment. While

this has been going on from some time, these concepts are relatively new.

- CBA: The RBA is expected to leave the cash rate unchanged on Tuesday. Low

inflation & weak wages growth give the RBA plenty of time. Modest jobs growth

puts (slight) downward pressure the national unemployment rate. But wages are

not expected to fuel inflation anytime soon. RBA Governor Lowe and Deputy

Governor Debelle will also be speaking this week.

- NAB: The RBA is expected to leave the cash rate on hold again, but to

recognise that the near term growth momentum continues to improve.