Sky News Business Editor Ross Greenwood sits down with Westpac Chief Economist Luci Ellis to discuss whether the RBA will hike rates when it next meets in August.

“On the basis of the information we’ve seen so far – no,” Ms Ellis told Sky News Australia.

“But there are scenarios where they end up doing so.

“If they see a really ugly June quarter CPI and … stronger than expected labour market then they might tilt in that direction.”