The Reserve Bank of Australia has opted to keep the OCR on hold for the time being.

The cash rate is set to stay at 4.35 percent, with economists citing moderating inflation as the main factor behind the decision.

Australian correspondent Murray Olds says inflation is reducing at a positive pace- but time will tell what the market looks like in January.

LISTEN ABOVE

The Reserve Bank of Australia has opted to keep the OCR on hold for the time being.
The cash rate is set to stay at 4.35 percent, with economists citing moderating inflation as the main factor behind the decision.
Australian correspondent Murray Olds says inflation is reducing at a positive pace- but time will tell what the market looks like in January.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.