The new governor of the Reserve Bank of Australia, Michele Bullock, has used her first public speech in the role to affirm its laser focus on inflation – noting that the other aspects of the bank’s mandate may be subordinate to, or have complementary outcomes with, inflation direction. Analaysts and markets largely view the central bank’s November cash rate decision as a line-ball call with the 25 October CPI print for Q3 likely to be a key input.