Monetary policy makers of The Reserve Bank of Australia and the Governor Glenn Stevens, they decided to leave the interest rate at their average levels which unchanged at 4.5% in June to gauge the fallout from debt European crisis, after increasing the benchmark rate in May for the sixth time in seven meetings. Despite the rate hikes, the economy showing strong growth which grew to 1.1% during the first quarter compared with a previous.

Moreover, the RBA's decision to keep the interest rate unchanged the overnight cash rate unchanged to measure global financial markets disturbance, and the Governor indicated the debt European crisis is the focus of attention of financial markets while the investors generally displayed more caution in their investments.