[1]  https://www.rba.gov.au/speeches/2014/sp-so-fs-040614.html  [2]  While the Bank's objective for monetary policy is low and stable inflation, in setting monetary policy to achieve this it takes into account its financial stability objective. See for example https://www.rba.gov.au/speeches/2016/sp-gov2016-10-18.html.
For example, changes in U.S. shortterm interest rates seem to exert a substantial influence on euro area bond yields (Ehrmann, Fratzscher, and Rigobon, 2005; Faust and others, 2006) and appear to have a strong effect on foreign equity indexes as well. 2 In contrast, the effects of foreign short-term rates on U.S. asset prices appear to be relatively weaker.