The Reserve Bank has left interest rates on hold at 3.6 per cent, having cut them at its previous meeting in August.

The RBA has lowered interest rates three times this year, from a peak of 4.35 per cent prior to February's board meeting.

The bank's chief economist, Sarah Hunter, recently told a parliamentary committee that Australia's economy appeared to be in a "cyclical upswing".

Recent monthly inflation data also came in higher than economists expected, at 3 per cent, with some of the detail around services inflation concerning many analysts. Loading

See Full Page