It is the real effects on the economy not the perceived pride that matters

Like the monetary/market interest rate, the economy's neutral rate of interest is also variable over time, as the behaviours of both savers and investors change in responses to changed or perceived circumstances and/or opportunities. This means the central banker's job to fine tuning the market rate is more difficult than most would have thought. Besides, with international capital flows, the concept of savers and investors in any individual economy becomes much more fluid and harder to define in terms of their domestic equality.I think that, while there is naturally a distinction between the Australian case and most of its OECD counterparts, one should not over indulge oneself in the pride of being seen as "mark of confidence". To the contrary, it is still necessary for the RBA to do more to further lower the rate to stimulate the economy even though there will exist strong fiscal stimulus. One should not forget Australia is experiencing a recession. If it can better help manage the economy, the RBA should do so to its full capacity, even though it may mean it needs even more finer tuning in its work.