Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at a press conference following the central bank's August monetary policy decision announced on Tuesday.

Bullock is responding to questions from the media, as part of a new reporting format for the central bank starting this year.

At its August policy meeting, the RBA maintained the key interest rate at 4.35% for the sixth consecutive meeting.

Key quotes

Board judges level of cash rate appropriate.

Still risk inflation takes too long to return to target.