As RBA holds rates are their other inflation levers the Government should consider?

The Reserve Bank has kept interest rates on hold at 4.35 per cent.

In a statement announcing its decision, the RBA Board said while the economic outlook remained uncertain it will "remain vigilant to upside risks."

But while it considers whether further interest rate raises are necessary, what other economic levers could the Government be using? 

GUEST:  

Tim Hext, head of Government bond strategies, Income and Fixed Interest Division, Pendal