Economists generally believe it is highly unlikely the Reserve Bank of Australia will lift the cash rate before this year's federal election due by May.
But Treasurer Josh Frydenberg is quick to remind voters such decisions are entirely up to the independent central bank.
Financial markets are pricing in the risk that the RBA will start lifting the official cash rate from around mid-2022 from its record low 0.1 per cent, where it has stood since November 2020.