The Reserve Bank is keeping its options open going into the new year as uncertainties continue to complicate its soft landing for the economy.
At its last meeting in December, the central bank board considered a pause, a 25 basis point hike and a larger 50 basis point lift as possible options.
The central bank ultimately landed on the 0.25 percentage point lift to the official cash rate in December in its bid to chase down inflation that's still "too high".