Reserve Bank of Australia (RBA)
RBA and Bank of Korea expand local currency swap agreement
The initial deal was signed in 2014 and has been renewed every three years
New payments platform helped transfers during Australian bushfires
RBA was able to get money to those affected ‘immediately’, says Philip Lowe
Currency services: Note Printing Australia
Improved IT and data provision helped Reserve Bank of Australia
RBA says it will replace banknotes ‘completely destroyed’ in bushfires
Central bank prepares for influx of damaged banknotes
KYC initiative could help stem correspondent banking decline
South Pacific KYC utility will be based on digital identification databases
RBA: stablecoins must wait until framework in place
Australian central bank says it may step up CBDC research efforts
Australian dollar falls as RBA keeps rate cut on agenda
Central bank willing to provide more stimulus after economic reassessment due in February 2020
Overhaul of RBA archive sees a third of records digitalised
Externally-facing archive will give public greater insight into central bank’s history – review
RBA’s Lowe rules out QE in Australia
Governor stresses inflation forecasts converge to target in 2021, and rates could be cut if needed
Australia’s FMI supervisory oversight ‘not fit for purpose’
Proposal would transfer oversight of FMIs to central bank and securities regulator
Australia’s AML regulator takes action against Westpac
Large lender found to have breached AML regulation millions of times
RBA considered cut at latest meeting – minutes
Case was made for monetary easing, but board decided to adopt ‘wait-and-see approach’
Debelle analyses impact of mortgage arrears
Mortgage arrears are at historical low, Australian deputy says
RBA paper looks at responses to liquidity crises
Penalty rates to contain risk-taking are more effective on long-term loans, study finds
RBA flags low profitability of life insurance industry
Australia’s financial industry faces long-term challenges in managing climate change risks
RBA cuts rates to new record low
Australia’s central bank “prepared to ease monetary policy further” to meet inflation target
Swift conducts 13-second cross-border payment
Trials saw payments go from origination through to clearing and settlement in seconds
Modernising currency management
Central banks strive to optimise currency operations, even as relative importance of cash drops
RBA sheds light on new ‘Martin’ macro model
Large-scale “macroeconometric” model designed to balance flexibility and theoretical rigour
RBA open to unconventional policy measures – deputy governor Debelle
Quantitative easing may be on the cards if central bank cuts rates to 0.5%
RBA ready to cut rates below record-low 1% – minutes
On August 6, central bank cut its growth projections on higher international trade tensions
Rate cuts support Australia’s economy – RBA assistant governor
RBA cuts rates to record lows in two successive months as GDP growth slows
Australia could reach zero lower bound, says Lowe
Governor says RBA is open to unconventional monetary policy
Fed aims for 24/7 instant payment system in US
FedNow Service should be available in 2023 or 2024, and Fed promises upgrade to existing systems