Concluding paragraph: The easing of monetary....>

RBA: Concluding paragraph: The easing of monetary policy since June is

supporting employment and income growth in Australia and a return of inflation

to the medium-term target range. Given global developments and the evidence of

the spare capacity in the Australian economy, it is reasonable to expect that an

extended period of low interest rates will be required in Australia to reach

full employment and achieve the inflation target. The Board will continue to

monitor developments, including in the labour market, and is prepared to ease

monetary policy further if needed to support sustainable growth in the economy,

full employment and the achievement of the inflation target over time.