Reserve Bank of Australia Governor Bullock is speaking from the Australian parliament Earlier:Reserve Bank of Australia Governor Bullock says tightness remains in labour marketMore: In a very good position on inflationRisks on both sides for inflationWill still rely very heavily on the quarterly Australian CPI report---On Bullock's remarkWill still rely very heavily on the quarterly Australian CPI reportThere is a monthly CPI report from Australia but its only a guide, its not as complete as the quarterly reports. This article was written by Eamonn Sheridan at investinglive.com.