Despite pockets of the economy being under financial stress, the RBA is conscious of other strengths that are keeping pressure on inflation and interest rates.
The benchmark S&P/ASX 200 declined 42.90 points, or 0.6 per cent, to 7,314.9 at the close, snapping a seven-session winning streak. The All Ordinaries were down by the same amount to 7,505.6.