Today’s Payments System Board meeting discussed the Bank’s review of retail payments regulation, the assessment of the ASX clearing and settlement facilities against the Bank’s Financial Stability Standards, payment scams, and an updated set of strateg… Continue reading
The 26th EMEAP Governors’ Meeting was held via video conference on 12 August 2021. Continue reading
Media Release Number 2021-14: At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of zero per cent, maintain the target of 10 basis points for the April 2024 … Continue reading
Media Release Number 2021-13: At its meeting today, the Board decided to retain the April 2024 bond as the bond for the yield target and retain the target of 10 basis points; continue purchasing government bonds after the completion of the current bond… Continue reading
The Reserve Bank has welcomed the announcement that the Digital Finance Cooperative Research Centre (CRC) has been selected to receive funding under the CRC Program administered by the Ministry of Industry, Science and Technology. The program provides … Continue reading
The Bank today released the 2021 Assessment of the Reserve Bank Information and Transfer System (RITS) against the Principles for Financial Market Infrastructures (PFMI). Continue reading
Regulators in Australia are reiterating the importance of ensuring a timely transition away from the London Interbank Offered Rate (LIBOR). Continue reading
Media Release Number 2021-09: 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; the parameters of the gov… Continue reading
Media Release Number 2021-08: At its meeting on 21 May, the Payments System Board approved a consultation on a proposed package of policy actions related to the Bank’s retail payments regulation. The Bank has today released a Consultation Paper setting… Continue reading
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 cro… Continue reading