conomists this week focused on the possibility that the economy is at a turning point between slow and not-so-slow growth, and the RBA's likely response.
The NAB's monthly measure of business conditions hit its highest level in over two and half years, prompting NAB chief economist Alan Oster to ask: "Are we at a turning point?"
We may be, but economists are hard to convince.
The weak labour market, along with other soft indicators, meant the Reserve Bank of Australia was still likely to cut the cash rate again.
But that was now likely in November rather than May, as NAB's economist expected earlier, thanks to improving business conditions and last week's strong inflation figures, Mr Oster said.
JP Morgan's Ben Jarman also queried the positive signs.
A lack of follow-through to other indicators like forward orders, employment and pricing power "leave us sceptical that anything has fundamentally changed," he said.
But the NAB's survey was not the only positive.
The Housing Industry Association reported homes sales in December had held almost all of the big gains from November, meaning 2013 recorded the first full-year gain since 2008.
HIA economist Diwa Hopkins said " the broader trend shows a healthy profile of recovery throughout 2013 and the underlying details are also fairly encouraging".
On Friday, the RBA reported a rise in total credit outstanding to the private sector.
Growth of 0.5 per cent in December was not strong by historical standards, but it was still the biggest monthly rise for nearly two years.
And the trend does appear to be picking up.
JP Morgan's Tom Kennedy expects it to accelerate further.
"However, we still see annual rates of credit growth well below the double-digit warning zone identified by RBA Governor Stevens," he said.
St George Bank senior economist Hans Kunnen took a similar view, with the RBA policy options sandwiched between the "sluggish" growth in credit and a likely pickup in business activity, with inflation edging higher, in 2014.
So, although interest rate will be kept low, "we remain comfortable with our view that the RBA will keep rates on hold for most of next year", Mr Kunnen said.
There is no serious expectation of a change in interest rates on Tuesday, when the RBA's board meets.
But economists zeroed in on the now-familiar comment in the RBA's post-meeting announcements, that a rate cut is not imminent but that the option remained open for later months.
"Presumably that language will be abandoned in RBA communications next week," Commonwealth Bank economist Michael Blythe said.
ANZ Economists Felicity Emmett and Riki Polygenis also expect the RBA's commentary to evolve.
They see the economy at a turning point, but it's likely to be "protracted", meaning rate hikes were also some way off.
But rate cuts are now off the table, barring some negative surprise.
"We would look for such similar phraseology by the Bank in the statement to confirm our forecast of no early rise in interest rates," they said.