The Reserve Bank of Australia will update its research strategy to support policy making.

Andrew Hauser, Deputy Governor of the Reserve Bank of Australia, stated that the central bank plans to update its research strategy to support policy making. The decision to keep rates unchanged the day before had surprised investors and economists. Hauser said in his speech on Wednesday, "Navigating a complex and unpredictable world will present significant new challenges." "That is why, driven by the results of the Reserve Bank of Australia's assessment, the central bank will update its research strategy, establish a series of new priorities, identify major questions to be answered, to support future policy making," he said in reference to the extensive survey of the central bank. The Reserve Bank of Australia had maintained the benchmark interest rate at 3.85% the previous day, a decision that sparked criticism of its communication strategy.