News Headline Summary

Australia's treasurer Swan says RBA has flexibility on rates

Says:

- Resource investment growing at slower rate.
- More reliant on monetary policy.

Update details:

- Of note, RBA's next rate cut decision is scheduled on 6th December.

Reaction details:

- No immediate reaction seen in AUD/USD, trades 1.0428 (-6 pips) last.

Print 04:24, 30 Nov 2012 - Asian News - Source: Newswires