The RBA will announce its latest policy decision at 0430 GMT
No change to the cash rate is expected but it could be a meeting that has significant implications for the aussie.
There is a growing expectation that the central bank will reverse its call to taper bond purchases by mid-September amid the recent spread of the delta variant in the country, prompting restrictions in Sydney.
That should see the RBA kick the tapering can down the road to November or even possibly February next year considering the circumstances.
In essence, this could be a meeting where the RBA adopts a rather "safe than sorry" approach in order to signal further support for businesses and the economy.
That might see the aussie come under a bit of pressure, all things being equal. In case you missed it, you can check out the host of previews posted by Eamonn earlier here.