Weaker GDP growth doesn't guarantee that the Reserve Bank of Australia (RBA) has now finished hiking rates, but it helps. Yesterday, the RBA left the language of its statement largely unchanged from the previous meeting as it left the cash rate unchanged at 4.35%, offering no fresh clues as to whether their rate hiking cycle has ended or not. Today's data don't close the book on further rate hikes, but they do make it harder for the RBA to justify further hikes without some stronger accompanying evidence that the inflation battle is stalling.