The RBA decision is yet to come today:
Following on tomorrow is Q2 GDP, expected to be a contraction due to the economy shut down and then slow climb out through the quarter.
The expectations I have seen are for -6%, positives from exports and government spending, negative for other inputs with consumer spending a large unknown. That -6% is with a low level of confidence, its a more uncertain event than normal.
A contraction will not be a surprise though.
Data is due at 0130GMT on 2 September 2020
