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Reserve Bank of Australia

Central bank

Reserve Bank of Australia (Under CC License)

The Reserve Bank of Australia (RBA) is the country's central bank and banknote issuing authority. It has had that role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.

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The Reserve Bank needs to keep a distance from the government and its Treasury.
Credit: The Age - Published 3 days ago

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Treasurer Josh Frydenberg has defended making a media spectacle of his meeting with RBA governor Philip Lowe, saying it's a positive thing that the pair meet.
Credit: SBS - Published 1 week ago

Treasurer Josh Frydenberg has defended making a media spectacle of his meeting with RBA governor Philip Lowe, saying it's a positive thing that the pair meet.
Credit: SBS - Published 1 week ago

Consumers worried about the direction of the economy can take heart from Reserve Bank Governor Philip Lowe, who says Australia's fundamentals are strong.
Credit: SBS - Published 1 week ago

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