At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.50 per cent. Continue reading
The Reserve Bank today released the 2022 Assessment of the ASX Clearing and Settlement Facilities. Continue reading
The Digital Finance Cooperative Research Centre and the Reserve Bank have today released a White Paper Australian CBDC Pilot for Digital Finance Innovation, that explains the objectives and approach of a project to explore use cases for a central ban… Continue reading
The Bank today released the Reserve Bank Board’s Review of the Bond Purchase Program. This review is one element of a broader set of reviews the Board is undertaking of the monetary policies it adopted in response to the pandemic. The purpose of the re… Continue reading
The Reserve Bank of Australia wishes to express its heartfelt condolences to the Royal Family following news of the death of Her Majesty Queen Elizabeth II. Continue reading
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 2.35 per cent. It also increased the interest rate on Exchange Settlement balances by 50 basis points to 2.25 per cent. Continue reading
Today’s Payments System Board meeting discussed the Bank’s assessment of the ASX clearing and settlement facilities and oversight of international facilities, least-cost routing, payments reforms including industry standard setting bodies, developments… Continue reading
The Reserve Bank has concluded its Review of Banknote Distribution Arrangements. Today, it has released a Conclusions Paper setting out various changes that seek to ensure that banknote distribution is effective, efficient, sustainable and resilient – … Continue reading
The Reserve Bank has extensive liaison with members of the community and values the insights and understanding this brings. It is seeking to strengthen its existing dialogue with the economics profession. To do this, the Bank is establishing a panel of… Continue reading
The Reserve Bank of Australia has appointed Dr Penelope Smith as Head of International Department and Ms Andrea Brischetto as Head of Financial Stability Department. Continue reading