16 September 2014, 06:34  Kent, Assistant Governor (RBA): Australian dollar remains high given decline in commodity prices

- AUD remains high given decline in commodity prices
- Says further AUD decline would support local firms
- Low rates, population growth underpin strong housing
- Says house prices rising rapidly
- Says further fall in currency would boost local firms
- Companies say finance cost, availability not curbing investment
- High exchange rate might be restraining investment
- Non-mining business investment to grow modestly this financial year

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