"I spoke to the manager a week or so after he came in and we had a good chat," he told BBC Radio Suffolk.
"We're both happy with the situation, we'll wait until the end of the season and see what happens from there."
The Northern Ireland international missed a host of games at the back end of last year through injury, but has still managed to amass 34 Ipswich appearances this season.
We've started to pick up results and it makes you want to stay here
Gareth McAuley
And the former Leicester City man is hopeful he can continue to play in a Town shirt beyond the current campaign.
"I've always said I want to stay here, I'm happy here," he added.
"We've started to pick up results and it makes you want to stay here.
"I think it's exciting times for the club."
Source: BBC Sport
Source: BBC Sport