FXstreet.com (Barcelona) - The Statement on Monetary Policy by the RBA is out and it looks like the relative hawkish tone persists. RBA predicts 2012 average growth of 3.75% vs 3% forecast in May. RBA sees tentative signs housing market is starting to improve. The central bank notes the higher currency may hurt growth more than in the past. High A$ may be more contractionary than history suggests, the RBA said. RBA preparing for AUD stealth intervention? They continued with a worrisome line: "Important risks revolve around exchange rate developments." RBA also highlighted that inflation is near target, near-trend growth in July. Australia's RBA added that interest-rate settings are appropriate.