Topic: Reserve Bank of Australia

The Reserve Bank of Australia (RBA) is Australia's central bank. Its duty is to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people. It does this by setting the cash rate to meet an agreed medium-term inflation target, working to maintain a strong financial system and efficient payments system, and issuing the nation's banknotes.


Watching the labour market: unemployment steady but underemployment down

Minutes from the RBA’s July meeting confirmed the centrality of the labour market to the future trajectory of the cash rate. The unemployment rate remained unchanged at 5.2 per cent in June but the un...

Crumbling confidence?

Business confidence dropped in June while consumer sentiment slumped in July. The Fed has signalled that it’s prepared to take out some insurance in the form of lower rates, prompting US share prices ...

How low can the RBA rate cuts go?

Following the June 2019 cash rate cut to a new low of 1.25 per cent, experts are tipping another cut over the next few months.

Squeezed, not crunched: Hayne, credit and the economy

Prior to this month’s release of the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry there were fears that any major changes t...

Risks up, optimism tempered: How the RBA sees the future

Early February delivered a series of snapshots on how the RBA’s views on the economy have changed since the summer break, painting a picture of a central bank which, while still quite optimistic about...

Seven Predictions from the 2018 Directors’ Sentiment Index

Stewards of organisations large and small had optimistic expectations about economic progress in the coming year, with a few exceptions. Read the top seven predictions from Australian directors arisin...

Carol Schwartz: Hidden Reserves

Carol Schwartz AM FAICD occupies a seat in Australia’s most exclusive boardroom, the Reserve Bank. She talks to Damon Kitney about transparency, financial rigour and gender equity.

Australia is running out of booms

Every director understands the importance of sound financial management as a cornerstone of good governance. It is the same for government, or at least it should be. After all, the maintenance of our ...

Economist: State of Play

The economic performance of the states and territories is one reason the Reserve Bank is keeping interest rates at record lows.