The RBA stayed on hold today, but there were several “subtle but important” changes to the statement. We investigate... The appears to be growing more confident about both the economic and inflationary outlook.

The RBA has left interest rates on hold. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

The RBA has spent weeks fending off stiff criticism about its hard line on when to start cutting rates. As struggling households grow more impatient for relief, where does the central bank go from here?

RBA Housing Loan Payments data shows Australian borrowers were collectively charged around $14.5 billion on their home loan repayments in June. Canstar’s data insights director Sally Tindall said cash rate cuts: "will be music to borrowers’ ears but the RBA is unlikely to move any time soon".

Australians with mortgages have collectively paid an estimated extra $5.52bn in repayments every month since the Reserve Bank began increasing rates two and a half years ago.

Australia’s central bank on Tuesday reiterated that interest rate cuts were unlikely in the near term as it held policy steady, but softened its hawkish stance by saying monetary tightening was not discussed.

The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.

Australia's central bank held interest rates steady on Tuesday as expected, while reiterating that policy needed to stay tight and it was not ruling out further increases if needed to control inflation.

The Reserve Bank of Australia held the cash rate steady at 4.35 per cent at its September meeting and kept all options open in its fight against inflation.

At its September meeting, the Reserve Bank of Australia held its cash rate at 4.35%, matching market expectations and maintaining borrowing costs for the seventh consecutive meeting.