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- Australian firms and households getting less optimistic
- Decline in exchange rate assisting economic transition
- Transiton from mining boom not as seamless as would like
- Says will continue to lend what support we can to economy
- Says decline in A$ is assisting the transition, but cannot fine tune it
- Period of sub-par growth favorable compared to aftermath of past mining booms
- Says global outlook improved by US recovery, lower oil prices
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RBA Gov Stevens: exchange-rate decline helping economy transition
Friday, March 20, 2015 2:14 AM UTC
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