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Bullock: Opening Statement to the House of Representatives Standing Committee on Economics
Good morning, Chair and members of the Committee. My colleagues and I are pleased to be here today to answer your questions. These hearings are an important part of the accountability process for the Reserve Bank. As you know, our mission is to promote the economic prosperity and welfare of the Australian people, now and into the future. We do this by conducting monetary policy with the aim of maintaining low and stable inflation and full employment, and we also support the stability of the financial system. But our responsibilities go beyond this – we work to support a reliable, efficient and competitive payments ... (full story)
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RBA Governor Bullock said the board will stay data-dependent as inflation risks remain persistent, the labour market is still tight, capacity constraints are being assessed, and global conditions could shift quickly.
— First Squawk (@FirstSquawk) February 5, 2026
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