There could be an interest rate rise when the levels are looked at next month, it has been hinted.
The Reserve Bank of Australia (RBA) has hinted that the next interest rate move could result in a rise.
In a speech today (September 20th), Glenn Stevens said that the global economy will record growth over the next year, but not as strong as it was in 2009, the Australian Associated Press reports.
However, he added: "Of course, that central forecast could turn out to be wrong. Something could turn up internationally or at home that produces some other outcome."
Mr Stevens noted that sometimes the expectation of what will happen with the cash rate - which currently stands at 4.5 per cent - is more important than how it currently stands.
It has not been increased since May, when home loans were about right, it stated earlier this month, the same time the organisation pointed out that Aussie credit conditions were difficult across a number of sectors.
By Nate Sawyer
