I hope that the theoretical and practical discussions in this conference will deepen our understanding of central bank design under a continued low inflation and interest rate environment. Thank you for your attention. 5  References  Borio, Claudio E. V., and Philip William Lowe, “Asset Prices, Financial and Monetary Stability: Exploring the Nexus,” BIS Working Paper No. 114, Bank for International Settlements, 2002.
https://www.rba.gov.au/speeches/2019/sp-gov-2019-03-06.html  15/18  3/7/2019  The Housing Market and the Economy | Speeches | RBA  Non-performing housing loans in Australia have risen recently, but they remain low at less than 1 per cent (Graph 14). The increase is most evident in Western Australia, where the unemployment rate has risen.