Reserve Bank of Australia (RBA)
Australia keeps benchmark rate unchanged
As widely expected, the Reserve Bank of Australia left its overnight cash rate target unchanged on Wednesday at an 11-year high of 6.5%. The central bank had previously raised borrowing costs on 8 August, the first move since November last year.
Deputy discusses Australian reaction to turmoil
Ric Battellino, deputy governor of the Reserve Bank of Australia, spoke about the central bank's handling of the recent bout of market turmoil at the Retail Financial Services Forum on Central Bank Market Operations in Sydney on 28 August.
Australia announces ATM reforms
The Reserve Bank of Australia said it will introduce reforms that will give the public more information on the cost of using ATMs.
Stevens raises inflation spectre
Inflation is more likely to rise during 2008 than to recede, according to Glenn Stevens, the Governor of the Reserve Bank of Australia.
Ian Macfarlane - a proud record
Stephen Bell spoke with the former governor of the Reserve Bank of Australia whose decade in charge cemented inflation targeting
US deficits may not require big dollar drop - RBA
A new Reserve Bank of Australia discussion paper suggests that the real exchange rate adjustment required to address the US current account problems may not be as large as is often argued.
How Australia’s central bank won its independence
Stephen Bell says that personalities and politics drove the policy revolution at Australia’s central bank in the 1990s.
Inflation convergence across countries
OECD countries with a history of high inflation before the 1990s were shown to have subsequently experienced a larger degree of disinflation than countries with a history of low inflation. This RBA discussion paper explores further this phenomenon of…
RBA Statement on Monetary Policy, February 2004
The Reserve Bank of Australia released its February 2004 Statement on Monetary Policy on 9 February. The report painted a positive picture of domestic and global growth but said that while inflation is currently tailing off, it is likely to rise next…
Aus dollar up as RBA ponders rate rise
The Australian dollar rose sharply higher on speculation that the Reserve Bank of Australia would raise interest rates on Wednesday 8 October for the first time in 15 months, the Daily Telegraph reported. However traders dismissed the talk, saying the…
RBA's Stevens on Economic Conditions and Prospects
In a speech on 'Economic Conditions and Prospects' given on 17 September, Glenn Stevens of the Reserve Bank of Australia said thatthe world economy is still not entirely in the clear, but is better than it was, and a fair bit better than it might have…
RBA Conference on Asset Prices and Monetary Policy
The Reserve Bank of Australia's 2003 conference, 'Asset Prices and Monetary Policy', will be held at the H.C. Coombs Centre for Financial Studies, in Sydney on 18 and 19 August 2003. The conference will focus on the implications of asset price booms for…
RBA Statement on Monetary Policy, August 2003
The Reserve Bank of Australia released its August 2003 Statement on Monetary Policy on 11 August. While the Australian economy remains in a position to perform relatively well against a weak international background, the pace of growth of the non-farm…
RBA keeps interest rates unchanged at 4.75%
The Reserve Bank of Australia keep interest rates unchanged on Wednesday 6 August for the 14th month running, according to Bloomberg. RBA governor Ian Macfarlane said in June he was prepared to lower interest rates unless global demand recovers.
Australian Treasury on Macfarlane's reappointment
Statement by Australian Treasurer Peter Costello on the reappointment of Ian Macfarlane as Governor of the Reserve Bank of Australia, 29 July.
RBA statement on the conduct of monetary policy
Second statement on the conduct of monetary policy from the Treasurer and the Governor of the Reserve Bank of Australia, July 2003. The statement is designed to continue to foster a better understanding, both in Australia and overseas, of the nature of…
Ian Macfarlane reappointed chief of RBA
The governor of the Reserve Bank of Australia, Ian Macfarlane, was reappointed on Tuesday 29 July for a further three years rather than the usual seven year term, reports The Australian. The reappointment decision was widely expected with few alternative…
RBA adds an Education section to its website
The Reserve Bank of Australia has included an Education section on its website. The new section draws together information, already on the site, into key areas of interest to teachers and students of economics and finance.
Reappointments to the RBA's Payments System Board
Australian Treasurer Peter Costello announced the reappointment of three members to the Reserve Bank of Australia's Payments System Board (PSB), 24 July.
Macfarlane at Business Council of Australia Dinner
In a speech at the Business Council of Australia Annual Dinner given on 8 July Ian Macfarlane of the Reserve Bank of Australia asked why has the Australian economy recently shown much more stable behaviour than the much larger and more diversified US…
Reform of credit card schemes in Australia
Statement by the Reserve Bank of Australia on credit card reforms, 1 July.
RBA's credit card court case draws to a close
The Reserve Bank of Australia's (RBA) six-week long Federal Court case with Visa and MasterCard over credit card reforms closed on Friday 27 June. Justice Brian Tamberlin said he hoped to deliver his judgement in two months.
Frank Lowy re-appointed to RBA Board
Australian Treasurer Peter Costello announced Wednesday the re-appointment of Mr Frank Lowy AC to the Board of the Reserve Bank of Australia. His term will end in December 2005.
RBA information on open market operations
After consultation with financial market participants, the Reserve Bank of Australia (RBA) has decided to increase the range of information published regarding its open market operations, 19 June.