Reserve Bank of Australia (RBA)
Now is a ‘critical time’ for Ibor transitions – Bailey
Global regulators convene in Washington, DC to tackle the transition to new benchmark rates
RBA begins push for ISO 20022 payments migration
Central bank wants to make the switch before Swift ends support for some message types
Walking the talk – engaging with indigenous communities
Mike Hannah says engaging with disadvantaged communities is increasingly recognised as important for a central bank’s work
Lower unionisation ‘unlikely to account for’ low wage growth
In Australia, share of employees covered by wage agreements negotiated remains stable, RBA researchers find
Housing market still a risk to financial stability – RBA assistant governor
Michele Bullock addresses concerns over recent tightening in lending standards
Should central banks be more aggressive on climate change?
Discussion weighs up whether central banks should take more drastic action via monetary policy channels, but some warn they may overreach
‘Clock ticking’ for Australian institutions exposed to Libor – RBA’s Kent
Deputy governor warns current fallback measures may not be enough to mitigate transition disruption
Climate change matters for monetary policy – RBA’s Debelle
More frequent and acute climate disruptions need inclusion in economic models
Housing prices fuelled by low interest rates in Australia – research
Increased migration has also boosted rents since the 2000s, RBA authors find
Australian governor says productivity rises needed to boost incomes
Lowe told lawmakers falling house prices will not ‘derail’ Australian economy
RBA’s board stresses uncertain outlook in latest minutes
Trade tensions, slower Chinese growth and local consumption outlook behind policy decision
The winners of the 2019 Central Banking Awards
MAS wins central bank of the year, Karnit Flug awarded governor of the year and Zhou Xiaochuan recognised for lifetime achievement; 23 other awards announced
RBA governor does not rule out a rate cut in 2019
Uncertain international outlook has rebalanced policy options towards a looser approach
Pick-up in inflation to take ‘a little longer’ than expected – RBA’s Lowe
Inflation expected to reach 2.25% in 2020
Second round of 2019 Central Banking awards winners revealed
Winners include Warren Coats, St Louis Fed, Bank of Israel, RBA and National Bank of Ukraine
Payments and market infrastructure development: Reserve Bank of Australia
The RBA has spearheaded the development of an upgraded retail payment system that includes real-time settlement
Financial market infrastructure services: ParFX
The foreign exchange platform has pioneered a market-driven effort to tackle concerns about poor market behaviour and distrust in the $5 trillion-a-day market
RBA authors try to estimate banknotes’ whereabouts
Information is sparse on the period between a banknote’s issuance and its destruction
Falling offshore borrowing has helped shield Australia – RBA official
RBA’s monetary policy has not followed Fed’s normalisation
Staff from Australian central bank subsidiary convicted of bribery
RBA officials oversaw boards while crimes committed
Australia to launch new $50 note
Successful transition to new $5 and $10 notes opened door for most circulated note
Next policy move will likely be hawkish, RBA says
RBA leaves rates unchanged, saying there is more progress to be made
Uneven technology adoption behind low productivity and wage growth – RBA research
High-productivity firms are reducing prices and increasing profits rather than boosting salaries
RBA moves back into profit
Gains in foreign currency investments carry RBA back into profit, annual report says