-Australia GDP growth of +2.8% in 2014/15
-Cash rate at June 2015 of just 2.69% (consensus)
-Wages price index +2.9%
-Unemployment rate December 2014 of 6.0% (today 6.0%)
-Underlying inflation to June 2015 +2.6%
Caton also added that while higher house prices would no doubt be a problem for some buyers, "housing is not a major macro problem. There is no housing bubble waiting to burst".