Media Release Number 2016-13: The Reserve Bank of Australia has launched this year’s RBA/ESA Economics Competition, in conjunction with the Economic Society of Australia (ESA) and the UNSW Economics Society.

Media Release Number 2016-12: The Reserve Bank of Australia (RBA) has commenced publishing a Cash Rate Total Return Index (TRI), which members of the public can use as a benchmark with a risk-free rate of return. The TRI measures the performance of an investment earning the Cash Rate, where interest is reinvested.

Media Release Number 2016-11: The Governor, Glenn Stevens, warmly welcomes the appointment of Philip Lowe as the next Governor of the Reserve Bank of Australia.

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.75 per cent.

The Bank has today released images of the new $5 banknote that will be issued into circulation from 1 September 2016.

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

Media Release Number 2016-07: The Bank intends to publish images of the new $5 banknote on 12 April.

Media Release Number 2016-05: The Reserve Bank has recently invested a share of its foreign currency reserves in Korean won. The allocation of 5 per cent of net reserves to the won is in line with the allocations to the Japanese yen, Canadian dollar, UK pound sterling and Chinese renminbi. This investment will help to further diversify the Bank’s foreign currency reserves. The benchmark foreign currency portfolio is now comprised of the following seven currencies.

At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

At its February 2016 meeting, the Payments System Board discussed a number of issues including the Review of Card Payments Regulation and the 2014/15 Assessment of CME Inc.