Reserve Bank of Australia Minutes for the October meeting are due at 0030GMT on Tuesday 20 October 2015
The accompanying statement from Governor Stevens had only minor changes from the previous month and left the RBA in data assessment mode, though the indications were the bank was becoming a little more Comfortable with the economic outlook for moderate expansion
The Minutes should provide a little more detail on the bank's thinking at the time
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While the Minutes will garner attention, market attention has moved on since the October meeting announcement. Most notably, last week's announcement from Westpac to hike mortgage rates is the latest talk of the market.
There have been changes made to forecasts for the next RBA action, with some analysts calling for a November rate cut from the bank.
(Much more on this here:
- Westpac rate hike makes an RBA November rate cut more likely
- Macquarie on Westpac rate hike today, Nov. RBA rate cut all but sealed
- Nomura in the local press
- Barclays says RBA rate cut to offset Australian banks' tightening is no sure thing
- Westpac sees potential reassessment of their 'RBA on hold through 2016' view)
Note also, since the October meeting we have seen a pick up in business confidence and conditions, and in consumer confidence. Offshore, there has been some stabilization in China (apparently).
