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The central bank held off cutting the cash rate in April, and will wait for more data on domestic economic conditions, the minutes of its April 3 meeting show.
The Australian share market closed slightly lower, following falls for market heavyweights BHP Billiton and Rio Tinto.
The founder of Fortescue Metals Andrew Forrest has warned Australia is taking its relationship with China for granted.
Better weather at its Australian operations has helped mining giant Rio Tinto lift March quarter iron ore and coal production but copper output slipped.
Billabong has completed a $276 million sale of half of its Nixon brand with Billabong & TCP to each own 48.5 per cent and Nixon management to own 3 per cent.
Osprey Medical, which is developing a product to reduce the risk of kidney disease during heart surgery, is preparing to list on the Australian share market.
