Reserve Bank of Australia (RBA)
Australia will not put king’s image on banknote
RBA says new design will honour indigenous people
Credit constraints have small impact on housing market – paper
RBA economist revisits the effects of down payments on housing prices
RBA governor has ‘no intention of resigning’
Governor Philip Lowe says bringing inflation down remains his focus
RBA delivers another 25bp rate hike
Philip Lowe signals flexibility over further rate increases
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
RBA to review payment system after outage
Central bank apologises for October incident that saw 500,000 payments delayed
RBA governor apologises over forward guidance
Philip Lowe says he’s sorry that people took out mortgages on the basis of central bank guidance
RBA voices concern over exchange’s failure to replace system
Politicians will question whether regulators have sufficient powers over securities exchange
RBA to return to “less specific” forward guidance
Central bank admits forward guidance during the pandemic was sometimes too complex
Banknotes: RBA consults over putting King Charles on currency
Qatar issues World Cup commemorative currency; Laos brings out upgraded banknotes
RBA hikes interest rate to nine-year high
Governor Philip Lowe signals more rate rises amid highest inflation in 32 years
RBA payments systems suffer outage
Problem took too long to resolve, and platform is too fragile, payments executive claims
Default risks for Australian homeowners rising, RBA says
Some borrowers could see negative disposable income, but risk is not yet systemic
Rates round-up: RBA tightens policy 25bp
Plus rate increases in India, Israel, the Dominican Republic and Jamaica
The risks of a simultaneous and rapid global tightening
Economists call for a more co-ordinated and gradual increase in interest rates
Australia’s central bank invites CBDC proposals
RBA aims to launch a CBDC pilot early next year
King Charles to appear on Bank of England notes from 2024
Other Commonwealth central banks have made little comment on changeover
RBA reports huge losses from bond purchase programme
Central bank says its asset purchase programme helped boost the economy despite its financial cost
Australian senator introduces bill to regulate e-yuan
International use of the CBDC viewed as boosting China’s strategic power
RBA’s Lowe admits inflation models need rethink
Governor acknowledges forecasting mistakes but rejects calls to resign
RBA raises interest rate to seven-year high
Governor Philip Lowe acknowledges impact of rate hikes on people’s spending
RBA to focus on inflation targeting for 2022–23
Australian central bank changes priority as inflation reaches highest level since 1990s
Australian government will map crypto asset holdings
Move is necessary to oversee “largely unregulated” crypto sector, finance minister says
Australian banks must do more on climate risks, RBA official says
Green asset taxonomy must be appropriate for Australian conditions, says central bank official