New Reserve Bank of Australia Governor Philip Lowe (C) speaks at a parliamentary economics committee hearing flanked by new Deputy Governor Guy Debelle (R) and the Assistant Governor Christopher Kent (L) in Sydney on September 22, 2016. Lowe said the central bank were not "nutters" about keeping inflation in a tight range, and are instead maintaining a flexible approach as Australia, like other economies, battles low inflation amid subdued oil prices and tepid global trade. / AFP PHOTO / PETER PARKSPETER PARKS/AFP/Getty Images