Forward-looking labour market indicators had been somewhat mixed over recent months.
Inflation report due tomorrow
Market forecasts for the headline quarterly result vary wildly from 0.3 per cent all the way up to 1.0 per cent.
On the preferred core measures, the weighted median (0.64 per cent) and trimmed mean (0.62 percent) prints led to an underlying inflation reading of 0.63 per cent for the March 2015 quarter.
A result of this nature tomorrow would evidently leave no barrier to a further interest rate cut if one is deemed to be required later in the year.