Australia's Reserve Bank has left the OCR unchanged at 4.35 percent after a lengthy deliberation process.
The Bank has been waging a long-term battle against inflation, as residents grapple with the ongoing cost of living crisis.
HSBC CEO Paul Bloxham warns the RBA could resort to another rate hike in the coming months - depending on how things shake out.
LISTEN ABOVE

Richie Barnett: former Kiwis player on Luke Metcalf negotiating with other clubs
02:55

Chris Bishop: Transport Minister on the progress being made on a second Auckland Harbour crossing
05:10

Barry Soper: Newstalk ZB senior political correspondent on the coalition looking likely to lead according to new poll
05:44