RBA's Kent: "No reason why RBA moves have to be 25 basis point increments"

RBA’s Kent has been hitting the wires with comments as follows:

• No reason why RBA moves have to be 25 basis point increments.
• Accommodative monetary policies have encouraged greater risk-taking by both lenders and borrowers.
• Important ways in which the monetary transmission mechanism works.

•  Current good growth raises risk cpi pressures pick up.
•  Markets may be under-pricing risk of faster global growth.