Not the best choice of words by Lowe there Other central banks have bought a lot more debt than we are planning to do Not ruling out buying bonds outside of the 5-to-10-year range Not particularly concerned rates will push up house prices excessively

Reserve Bank of Australia monetary policy decisions.  cash rate at 0.1% 3-year bond yield target at 0.1% to expand government bond buying programme by A$100 bln to buy  government bonds of 5 to 10 years maturity will buy bonds issued by the Australian government and by the states and territories, Continue Reading