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Reserve Bank of Australia Deputy Governor Guy Debelle speaking, questions and answers now

  • climate change is an existential risk, has macro impacts
  • some risks of divestment announcements around the cop26
  • Australia’s situation is different from countries where politics are tightening
  • while the job market is positive, little improvement on the wage front
  • very few workers get pay increases above 2% in Australia
  • not yet seeing much impact on prices from supply constraints

Headlines via Reuters, mine in bold

The RBA wants wage growth to spur inflation and hence tightening. So far, wage growth has been elusive.

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