At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent.

Media Release Number 2013-05: As reported in today’s media, the Bank has on occasion been the target of cyber attacks. The Bank has comprehensive security arrangements in place which have isolated these attacks and ensured that viruses have not been spread across the Bank’s network or systems. At no point have these attacks caused the Bank’s data or information to be lost or its systems to be corrupted. The Bank’s IT systems operate safely, securely and with a high degree of resilience.

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent.

Media Release Number 2013-03: Following its 15 February meeting, the Payments System Board of the Reserve Bank has welcomed an industry proposal to deliver a ‘fast payments’ solution for Australia.

Media Release Number 2013-02: The Bank has agreed to sell its 50 per cent shareholding in Securency International Pty Ltd to Innovia Films, the UK-based film manufacturer and current 50 per cent joint venture partner in Securency.

At its meeting today, the Board decided to leave the cash rate unchanged at 3.0 per cent.

Media Release Number 2012-37: At its 16 November meeting, the Payments System Board approved the determination of new Financial Stability Standards (FSSs) for central counterparties and securities settlement facilities. The new FSSs aim to align the Australian regime for regulation of clearing and settlement facilities with new international standards, the Principles for Financial Market Infrastructures (the Principles), which have been developed by the Committee on Payment and Settlement Systems of the Bank for International Settlements and the Technical Committee of the International Organization of Securities Commissions. Both ASIC, through an update to its regulatory guidance, and the Bank propose to implement the Principles within their respective regulatory frameworks to ensure that financial market infrastructure providers operating in Australia conduct their affairs in accordance with international best practice.

At its meeting today, the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012.

Media Release Number 2012-35: At its 16 November meeting, the Payments System Board approved a report setting out its conclusions from an informal consultation on operational incidents in retail payments systems. The Board also concluded its review of the regulatory framework for the EFTPOS system, and endorsed changes to place the EFTPOS system and the international debit schemes on a more consistent regulatory footing.

Media Release Number 2012-34: At its 16 November meeting, the Payments System Board endorsed a revised implementation date of 18 March 2013 for its variation to surcharging Standards, and a final version of the Guidance Note to support the amended Standards. The Board also endorsed a set of Core Criteria that the Bank will use to assess proposals for provision of fast payments for consumers and businesses.