Risk assessment around the inflation forecast was "broadly balanced"

The likelihood of economic growth in the next few quarters rising

The growth of the Australian dollar may complicate economic growth

Commodity prices have increased significantly

Upward revision of trade prospects are positive for the economy

The expected rate of unemployment decreased, but underemployment is still elevated

Some signs of rising wages stabilized, but there is considerable uncertainty about the strength of the labor market

Much of the uncertainty surrounding the consumption of households, especially the heavily indebted

Housing prices have increased markedly in Sydney and Melbourne

Sales of housing and lending slowed