The Reserve Bank of Australia has not changed its cash rate for a very long term on account of stability in the economy and various other parameter impacting the rate of interest in the short term and long term including both internal and external factor. The report deals with the past period, current factors that impact the decision of cash rate and the performance of the economy in the short term and the future outlook of the economy and how the same shall impact the future outlook. The following questions have been dealt here-