RBA’s Lowe: Lower rates around world have influence on our exchange rate

Additional comments from RBA’s Lowe hitting the wires, via MNI, while he continues to speak before the House of Reps Standing Committee on Economics.

Key Headlines:

Quite unlikely we get stuck to very low wage growth world

There are better ways to stimulate economy than zero, negative rates

Developments overseas have material bearing on what happen here

Lower rates around world have influence on our exchange rate