The Reserve Bank of Australia (RBA) Governor Glenn Stevens told the House Economics Committee in Brisbane:

• The Aussie remains high because Australia is more attractive for international investors than other countries;
  
• The Australian currency will "go down at some point", but he doesn't know when;
  
• There is no need in intervention;
  
• There had been improvement in employment growth this year and a strengthening of leading indicators;
  
• The growth of Australian economy is expected to be between 2% and 3% through June 2015.