Today’s Payments System Board meeting discussed the Bank’s review of retail payments regulation, the annual assessment of Australia’s real-time gross settlement system, regulatory reforms for financial market infrastructures, initiatives to enhance cross-border payments, the Bank’s wholesale central bank digital currency research project, Australia’s cash distribution system and the development roadmap for the New Payments Platform.

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility and the government bond purchase program.

Along with Indigenous partners, Te Pūtea Matua (Reserve Bank of New Zealand), the Bank of Canada and the Reserve Bank of Australia have formed a voluntary network to foster ongoing dialogue and raise awareness of Indigenous economic and financial issues.

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility and the government bond purchase program.

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility and the government bond purchase program.

Media Release Number 2021-02: Today’s Payments System Board meeting discussed the Bank’s review of retail payments regulation and the Treasury review of the Australian payments system, cyber risks in the Australian payments system, operational incidents at the ASX, central bank digital currencies and recent developments in the buy now pay later market.

Media Release Number 2021-02: Today’s Payments System Board meeting discussed the Bank’s review of retail payments regulation and the Treasury review of the Australian payments system, cyber risks in the Australian payments system, operational incidents at the ASX, central bank digital currencies and recent developments in the buy now pay later market.

At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding Facility. It also decided to purchase an additional $100 billion of bonds.

The Governor, Philip Lowe, is pleased to announce the appointment of Michelle McPhee to the position of Assistant Governor (Business Services) at the Reserve Bank of Australia.

At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on 3-year Australian Government bonds, as well as the parameters of the Term Funding Facility and the government bond purchase program.