Reserve Bank minutes dovish - but warns another rate hike remans a risk

The Reserve Bank board has warned another interest rate rise is possible this year if inflation remains stubbornly high and fails to slow in line with forecasts. But in decidedly dovish minutes from the RBA's most recent meeting, it's now increasingly clear the pain from the 12 rate rises since May last year is working to slow the economy and cool inflation. Peter Ryan reports from RBA headquarters.