RBA Deputy Governor Hauser says the board remains fully committed to hitting the inflation target

The historical read on such comments is that they matter mainly as contrast, when an official stops reaffirming the target and starts qualifying it, that shift has tended to carry more signal than the reaffirmation itself. For the RBA specifically, the transmission channel is the front end of the rates curve and the AUD, and single-speaker commentary has typically repriced both only when it deviates from the most recent board statement or minutes. What is worth watching is whether the accompanying remarks address the cash rate path, the labour market, or trimmed mean inflation directly, since the deputy's framing on those has often foreshadowed the board's next language change. As commentary rather than a decision, the signal is directional and the follow-ons are the next board communication and the quarterly CPI print.