The Reserve Bank of Australia has published the dates for the 2024 meetings of the Reserve Bank Board, and the related announcements and publications. Continue reading
The Treasurer, the Hon Dr Jim Chalmers MP, has appointed Michele Bullock as Governor of the Reserve Bank of Australia for a seven-year term commencing 18 September 2023. Continue reading
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent. Continue reading
Mastercard and Visa have each given undertakings to the Reserve Bank that they will not engage in ‘tying conduct’ involving their debit and credit card products. Continue reading
The Bank has released an Issues Paper outlining some options for further enhancing the competitiveness, efficiency and safety of Australia’s debit card market. Continue reading
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent. Continue reading
In January 2023, the Reserve Bank of Australia commissioned a comprehensive review of the operating environment supporting the Reserve Bank Information and Transfer System (RITS). This system is a critical part of Australia’s payments infrastructure an… Continue reading
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia’s real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the debit c… Continue reading
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent. Continue reading
The Bank welcomes today’s release of the Review of the Reserve Bank and the government’s response. Continue reading