The Reserve Bank of Australia made the announcement following its monthly policy meeting and its decision was in line with expectations.
Gareth Aird of the Commonwealth Bank says an acceleration in wages needs to persist before a rate rise comes onto the agenda of the Reserve Bank of Australia.
Katrina Ell of Moody's Analytics discusses expectations for Australia's Q3 GDP results. She also weighs in on the country's cooling housing market, which she says will hurt consumer spending.
But the mainland Chinese markets, closely watched by investors as a result of Beijing's trade war with Washington, bucked the overall downtrend to see gains on the day.
Shares of Japanese automakers Nissan plunged 5.45 percent on the day after the arrest of company chairman Carlos Ghosn over allegations of financial misconduct.
Australian employment was surprisingly strong in October as firms took on more full time staff and the jobless rate stayed at its lowest since 2012, a bumper report that sent the local dollar skipping higher.
James Soutter of K2 Asset Management explains why his company has reduced its exposure to Australian equities at the moment.
Gold's consolidation over the past few weeks has triggered short covering, but it has not encouraged new long positions, Daryl Guppy writes.
There was a contradiction when Australia's stock market was making new 10-year highs but the currency was posting significant lows. A big question has now been answered, Daryl Guppy writes.
Australian employment blew past all expectations in August while the jobless rate held steady as more people joined the labor force.
Australian banks are probably not a good buy for investors, with federal elections coming up and the country's currency set to weaken further, according to a banks analyst from investment group CLSA.
Hong Kong's Hang Seng Index is poised for a continuation of its downtrend — with a downside target near 25,200, Daryl Guppy writes.
Australia marked the 27th year without recession, a remarkable feat given an ever-changing procession of prime ministers and one that owes much to China's insatiable appetite for Australia's resource riches.
The breakout in the U.S. dollar appears to have slowed. Technical features suggest, however, that it is easy for the dollar to develop more upside, Daryl Guppy writes.
The Reserve Bank of Australia left its cash rate at 1.5 percent on Tuesday in a widely expected decision.
Australia's central bank is seeking to be "a source of stability and confidence" by keeping rates at record lows as the future of Prime Minister Malcolm Turnbull was put in doubt by a leadership spill and sliding voter support.
Oil's price hasn't rebounded, but many features of the commodity's performance suggest the bear is not in command of this market, Daryl Guppy writes.
The United States and China are set to hold talks to find a way to ease trade tensions between the two countries, but analysts are not expecting any major breakthroughs.
Delivering his first-ever address to parliament on Tuesday, Australian Senator Fraser Anning advocated a return to the "White Australia" policy, which existed in the country for most of the 1900s before being abolished in 1973.
The market contradiction with the Australian dollar persists, writes Daryl Guppy.