RBA’s Kohler: Policy measures to date broadly achieved what bank set out to do

The policy measures to date broadly achieved the central bank’s desired mandate, the Reserve Bank of Australia's (RBA) Head of Domestic Markets Marion Kohler said in his speech to the Australian Financial Markets Association.

Additional quotes

“Lending to small business is little changed since the onset of the pandemic.”

“Home loan applications have risen in recent months.”

“Rising level of housing loan applications consistent with large vol of refinancing activity of late.”