We must encourage more women to take advantage of emerging technologies to run their businesses and to improve their access to finance. We must harness the opportunities presented by the rapid growth of mobile money to make more finance available to women in the informal sector and encourage them to formalise their economic activities.
For its part, the RBA will maintain its expansionary settings until progress is being made towards full employment and we are confident that inflation will be sustainably within the 2–3 per cent target band. I look forward to answering your questions. The Governor was invited to make a brief opening statement to the Committee of no more than two minutes.