[Reserve Bank of Australia Assistant Governor: Better Prepared to Handle the Next Crisis] According to a report by Jinse Finance, on June 29, Reserve Bank of Australia (RBA) Assistant Governor Kent stated that after reviewing alternative monetary policy tools, the institution will be better equipped to address future risks. He said: 'The cash rate target remains our primary and preferred tool, but in exceptional circumstances, other tools can play an important role and provide additional support. However, they are more complex and carry greater risks.' In his speech, Kent mentioned the Monetary Policy Committee's newly released framework for supplementary monetary policy tools in a low-interest-rate environment. He emphasized that when interest rates are already at low levels, the committee's tolerance for inflation falling below the 2%-3% target range may decrease. He noted that in such situations, the central bank might consider responding to deflationary shocks earlier and more decisively by preemptively lowering the cash rate target.