RBA's Kent: Pick up in non-mining investment, Aussie still high

FXStreet (Bali) - RBA's Assistant Governor Kent, on a prepared speech to the Bloomberg Economic Summit in Sydney, said that tangible signs of pick up in non-mining investment are being noted.

Main headlines (Reuters)

Kent sees tangible signs of pick up in non-mining investment

Kent says conditions in place for improvement in risk appetite, investment

Kent says business appetite for risk remains relatively low, even as confidence improves

Kent says still high a$ may be weighing on investment in tradable sector

Kent: but high a$ positive for investment in non-tradable sector as lowers prices for imports

Kent says cost, availability of finance has not been a constraint on investment

Kent says low rates, strong population growth positive for housing market