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Bill indicated that the RBA, in such a low inflation environment, will have to cut rates more aggressively to kick off construction and housing. These are the two sectors that they believe will need to provide growth for the gap left by mining.

Was lucky enough to score another invite to the evening. So I will try and summarise Bill’s 1 hour presentation last night. I did notice MichaelW also mentioned here that he would be going to a lunchtime briefing, so it will be interesting to see his take on the information presented...