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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Prime Minister Scott Morrison and Treasurer Josh Frydenberg will meeting in Sydney to discuss the state of the economy and the government's planned tax cuts.
Credit: SBS - Published 1 week ago


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