The RBA has left interest rates on hold. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

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The RBA has spent weeks fending off stiff criticism about its hard line on when to start cutting rates. As struggling households grow more impatient for relief, where does the central bank go from here?

The union is seeking a 15 per cent pay rise, while the government has offered an interim boost one-fifth the size.

The Reserve Bank is expected to keep its key rate unchanged for a seventh meeting in a row today, according to a survey of 45 economists by Reuters, prolonging the agony for Australia’s leveraged households.