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.

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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.

Economic Update: Reserve Bank decision

At Glenn Stevens’ final meeting, the Reserve Bank left interest rates on hold. The AICD’s Chief Economist unpacks that decision and the difficult task ahead for incoming governor Philip Lowe.
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