The Reserve Bank of Australia has decided to leave the cash rate unchanged at 2.5 per cent.
The statement by RBA governor Glenn Stevens said the decision is in keeping with economic growth forecasts.
"Overall, global financial conditions remain very accommodative. Volatility in financial markets has abated recently. Long-term interest rates remain very low and there is ample funding available for creditworthy borrowers."
Read the full RBA statement here.
Meanwhile, further inputs into Wednesday's national accounts were released that left economists sticking to a forecast growth increase of about 0.7 per cent in the September quarter, and slightly faster than the 0.6 per cent rise recorded in the previous three months.
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Gross operating company profits grew by a stronger than expected 3.9 per cent but a fall in business inventories will detract from growth in the quarter.
