"""An RBA that wants people to have a growing perception of...

"""An RBA that wants people to have a growing perception of wealth (whether or not there is an actual increase in wealth) so that they simply spend more money, instead of saving, is a scary thought."""

The RBA has three tasks - keep the currency stable, keep people employed and keep Australia prosperous.

To achieve that they need money going through the economy with people and business spending. They do not want people saving, though they would be neutral on people paying down debt as it hedges a downturn.

Consumer and business confidence is vital to them and whilst house prices are going up, consumer confidence goes with it.

And when it looks like getting ahead of itself they tighten monetary policy to ensure growth is gradual but sustainable.