rishaad: we saw scott morrison the treasurer, the prime minister as well there, and they're giving husseinfor his money with how quickly they got to the microphone. .2 on retail sales, not enough to get them excited in front of the cameras. overall, politically, the government will use whatever good news it can. it is holding its ground, but they are favored to get through. about the way the dollar is behaving? they must the comfortable with this level. >> definitely. at 76, heading towards 80, a month ago, that was a real concern for the reserve bank. if laois in figure gave them a reason to cut rates. is a rate cut expectation for august at the earliest. it mean fort does the reserve bank? they have a noninflationary environment basically. historically, the reserve tens to be moderate in their moves on interest rates, waiting to see what is happening. much more byuenced the global context, but we are in a low inflationary environment. there is room for the rba to move. i think they will wait to see what happens, and impossibly go again in august. rishaad: china, the slowdown there affect