Shane Oliver Pressure Quotations

This is exactly what the Reserve Bank wants because increased investment reduces inflationary pressure and will help build capacity.

The bank is concerned about inflationary pressure in the economy given the strength in the global economy and higher commodity prices. It will be a knock on the head for both retail and housing.

Interest rates globally are putting some pressure on financial stocks. It's quite possible we go through a bit of a correction in share markets around the world.

The housing market remains in the doldrums. With the housing market still slowing and households under pressure from high petrol prices, interest rates will remain on hold.

The homes sales data is more important, because if the market continues to slow, that will ultimately take pressure off the U.S. Fed Reserve.