Board judged steady policy consistent with inflation, growth goals

Risks in household balance sheet had lessened, but still bore careful watching

Outlook for household consumption a "significant risk" given slow income growth, high debt

Uncertain on how far and when stronger growth would feed through to wages and inflation

Wage growth slower than expected in q3, but appeared to have stabilised

Board noted AUD still in range held over past two-and-a-half years

Any further rise in AUD would slow expected pick-up in inflation, economy