The Australian share market was subdued in May, with the All Ordinaries index closing the month 0.9% higher at 6,123.50 points. The Australian Dollar was also flat, with 1 Australian dollar currently buying 75.64 US cents.
The Reserve Bank of Australia (RBA) board kept the official Cash Rate on hold at 1.50% per annum. The RBA board will meet again next Tuesday, with rates once again expected to remain on hold.