The Reserve Bank has released “ISO 20022 Migration for the Australian Payments System – Responses and Options Paper”.

At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.

The Bank has published a media release outlining topics discussed by the Payments System Board today including: the New Payments Platform; the Assessment of ASX Clearing & Settlement facilities; ATM industry developments and Digital Identity.

The new $20 banknote will enter circulation on 9 October 2019.

At its meeting today, the Board decided to leave the cash rate unchanged at 1.00 per cent.

Media Release Number 2019-19: The Reserve Bank has updated its Exchange Settlement Account (ESA) Policy after determining that a number of changes were appropriate to provide more information about the eligibility requirements and application process, including the various risk management criteria applicants would be expected to meet.

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent.

Media Release Number 2019-17: The Reserve Bank today released a report on the functionality of, and access to, the New Payments Platform. The report presents 13 recommendations from the public consultation that the Bank has undertaken with input and assistance from the Australian Competition and Consumer Commission (ACCC). The recommendations, if fully implemented by NPP Australia (NPPA) and its participants, should address the issues and policy concerns identified during the consultation.

The Reserve Bank has announced some adjustments to the Committed Liquidity Facility.

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.25 per cent.