Australia's central bank left its main monetary policy settings on hold on Tuesday as concerns over weak household consumption outweighed any hint of building inflationary pressures.
The Reserve Bank of Australia left its official cash rate at a record low of 1.5% to help continue offering support to the economy.
While the Bank said business conditions were positive - including a much-anticipated increase in investment outside the mining industry - the RBA remained cautious about household consumption.
Australia has been trying to reduce its overdependence on commodity exports and investment in the mining industry for several years, to help rebalance its economy towards domestic demand.
In the statement issued alongside the rate decision, the central banks said the outlook for personal consumption was a "continuing source of uncertainty" due to slow wage growth and high debt levels.
The dovish statement gave little indication to investors of any imminent move in rates, and the Australia dollar lost a little ground as a result.
The Aussie slipped 0.13% to A$0.7866, and was 0.14% higher against Japan's yen at Y85.82.