The Australian Reserve Bank lifted its official lending rate to 3.25% today.

However, a leading New Zealand financial adviser says the move was well signalled, and doesn't believe New Zealand will follow suit.

Haley Paterson of Forsyth Barr doubts Reserve Bank Governor Alan Bollard will lift New Zealand's rate this month, with continuing pressure from the export sector, due to a strong NZ dollar.

Paterson believes the Official Cash Rate will be left at its lowest ever point of 2.5%, when it's reviewed on October the 29th.