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Reserve Bank Australia

Reserve Bank of Australia

The Reserve Bank of Australia (RBA) came into being on 14 January 1960 as Australia's central bank and banknote issuing authority, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank. The bank has the responsibility of providing services to the Government of Australia in addition to also providing services to other central banks and official institutions. It currently consists of the Payments System Board, which governs the payments system policy of the bank, and the Reserve Bank Board, which governs all other monetary and banking policies of the bank.

Videos by Reserve Bank of Australia

Summary of Current Economic Conditions – data as at 5 February 2021

Tomas Cokis, Economic Analysis, provides an update on the Australian economy.

Statement of Monetary Policy (February 2021) – https://www.rba.gov.au/publications/smp/2021/feb/
Monetary Policy Decision (February 2021) – https://www.rba.gov.au/media-releases/2021/mr-21-01.html
The Year Ahead (Speech by Governor Lowe) – https://www.rba.gov.au/speeches/2021/sp-gov-2021-02-03.html

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Graduate Recruitment – IT

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How our bond purchases help the economy

We have been purchasing bonds issued by the Australian Government and the states and territories. Find out how these bond purchases help the economy.

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Conventional Monetary Policy Tools: The Cash Rate Target

Gian-Piero (Gigi) Lovicu introduces the RBA’s cash rate target.

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Explainers
Explainer: How the Reserve Bank Implements Monetary Policy
https://www.rba.gov.au/education/resources/explainers/how-rba-implements-monetary-policy.html

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Unconventional Monetary Policy Tools: Part 2

Gian-Piero (Gigi) Lovicu discusses unconventional monetary policy tools (Term Funding Facility and adjusted market operations).

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Other Videos
Bonds and the Yield Curve – https://youtu.be/xPKGvFVrjBM

Explainers
Explainer: Unconventional Monetary Policy

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Unconventional Monetary Policy Tools: Part 1

Gian-Piero (Gigi) Lovicu discusses unconventional monetary policy tools (forward guidance and asset purchases).

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Other Videos
Bonds and the Yield Curve – https://youtu.be/xPKGvFVrjBM

Explainers
Explainer: Unconventional Monetary Policy

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Interest Rates: Short- and Longer-term

Gian-Piero (Gigi) Lovicu discusses concepts related to short- and longer-term interest rates.

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Other Videos
Bonds and the Yield Curve – https://youtu.be/xPKGvFVrjBM

Explainers
Explainer: Bonds and the Yield Curve

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Bonds and the Yield Curve

Kate Fernandes introduces key concepts related to bonds, the bond market and the yield curve.

Explainers
Explainer: Bonds and the Yield Curve
https://www.rba.gov.au/education/resources/explainers/bonds-and-the-yield-curve.html

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

Follow our other social media channels to receive updates:
Facebook: https://www.facebook.com/reservebankau/
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Interest Rates: Introduction

Gian-Piero (Gigi) Lovicu discusses key concepts related to interest rates.

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Objectives of Monetary Policy

Gian-Piero (Gigi) Lovicu discusses the objectives of monetary policy.

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Explainers
Explainer: What is Monetary Policy?
https://www.rba.gov.au/education/resources/explainers/what-is-monetary-policy.html

Resources for teachers and students are available on

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Introduction to Monetary Policy

Gian-Piero (Gigi) Lovicu introduces key concepts related to monetary policy.

Explainer Videos
Introduction to Monetary Policy – https://youtu.be/5hgPpX7H_Ak
Objectives of Monetary Policy – https://youtu.be/RfNkEy0wnlo

Monetary Policy Tools
Interest Rates: Introduction – https://youtu.be/Z1fF1Cfu4TU
Conventional Monetary Policy Tools: the Cash Rate Target – https://youtu.be/8_Lv876wgvU
Interest Rates: Short- and Longer-term – https://youtu.be/i0CKI5tN_rk
Unconventional Monetary Policy Tools: Part 1 – https://youtu.be/Axo1bbiowsA
Unconventional Monetary Policy Tools: Part 2 – https://youtu.be/eTnkngGNlv8

Explainers
Explainer: What is Monetary Policy?
https://www.rba.gov.au/education/resources/explainers/what-is-monetary-policy.html

Resources for teachers and students are

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Design Your Own Banknote Activity

Discover your own skills as a designer by creating your own Australian themed banknote!

Parents and carers can share your design with us on Instagram and Facebook by using the hashtag #RBABanknotes. We’ll be highlighting some of our favourite designs on our Instagram and Facebook pages.

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Facebook: https://www.facebook.com/reservebankau/
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Summary of Current Economic Conditions – data as at 5 November 2020

Gigi Lovicu provides an update on the Australian economy.

Statement of Monetary Policy – November 2020: https://www.rba.gov.au/publications/smp/2020/nov/
Phil Lowe Speech – Today’s Monetary Policy Decision (3 November): https://www.rba.gov.au/speeches/2020/sp-gov-2020-11-03.html
Illustrator – Unconventional Monetary Policy:
https://www.rba.gov.au/education/resources/illustrators/pdf/unconventional-monetary-policy.pdf

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Calculating Inflation

Stefano Tornielli di Crestvolant talks about the calculation of inflation.

Introduction to Inflation video: https://youtu.be/5EVwXhG25p0
Measures of Inflation video: https://youtu.be/NxTycaLY3oE
Inflation and its Measurement explainer: https://www.rba.gov.au/education/resources/explainers/inflation-and-its-measurement.html
Inflation Explorer: https://www.rba.gov.au/education/resources/digital-interactives/inflation-explorer/

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Measures of Inflation

Stefano Tornielli di Crestvolant talks about the different ways of measuring inflation.

Introduction to Inflation video: https://youtu.be/5EVwXhG25p0
Calculating Inflation video: https://youtu.be/XJlx5VvlveQ
Inflation and its Measurement explainer: https://www.rba.gov.au/education/resources/explainers/inflation-and-its-measurement.html
Australia’s Inflation Target explainer: https://www.rba.gov.au/education/resources/explainers/australias-inflation-target.html

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Introduction to Inflation

Stefano Tornielli di Crestvolant introduces the concept of inflation.

Calculating Inflation video: https://youtu.be/XJlx5VvlveQ
Measures of Inflation video: https://youtu.be/NxTycaLY3oE
Inflation and its Measurement explainer: https://www.rba.gov.au/education/resources/explainers/inflation-and-its-measurement.html
Inflation Target explainer: https://www.rba.gov.au/education/resources/explainers/australias-inflation-target.html
Introduction to Monetary Policy video: Forthcoming
Reading and Interpreting Charts – Introduction: https://youtu.be/lKTXeP8ITvM
Reading and Interpreting Charts – Examples: https://youtu.be/5rPXwaa05bY

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Topical Talk: Monetary Policy in 2020 – as at 24 August 2020

Andrea Brischetto, Deputy Head of Domestic Markets, talks about the effects of COVID-19 on the Australian economy and our response to it as at 24 August 2020. (This was presented as part of the Topical Talk series, which supports teacher professional development.)

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Topical Talk: Monetary Policy in 2020 – as at 24 August 2020

Andrea Brischetto, Deputy Head of Domestic Markets, talks about the effects of COVID-19 on the Australian economy and our response to it as at 24 August 2020. (This was presented as part of the Topical Talk series, which supports teacher professional development.) Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our …

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Summary of Current Economic Conditions – data as at 7 August 2020

Natasha Cassidy, Economic Analysis, provides an update on the Australian economy.

Unconventional Monetary Policy Explainer: https://www.rba.gov.au/education/resources/explainers/unconventional-monetary-policy.html
August 2020 Statement on Monetary Policy: https://www.rba.gov.au/publications/smp/2020/aug/

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Summary of Current Economic Conditions – data as at 7 August 2020

Natasha Cassidy, Economic Analysis, provides an update on the Australian economy. Unconventional Monetary Policy Explainer: https://www.rba.gov.au/education/resources/explainers/unconventional-monetary-policy.html August 2020 Statement on Monetary Policy: https://www.rba.gov.au/publications/smp/2020/aug/ Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter: https://www.twitter.com/rbainfo/ Instagram: https://www.instagram.com/reservebankau/ LinkedIn: https://www.linkedin.com/company/rese…

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The Expenditure Multiplier

Gian-piero Lovicu (Gigi) talks about the principles of the expenditure multiplier. Economic Growth Explainer: https://www.rba.gov.au/education/resources/explainers/economic-growth.html Aggregate Demand and Aggregate Supply video: https://youtu.be/OwDBKiLy1BI GDP video: https://www.youtube.com/watch?v=w1hvH… Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter: https://www.twitter.com/rbainfo/ Instagram: https://www.instagram.com/reservebankau/ LinkedIn: https://www.linkedin.com/company/rese…

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The Expenditure Multiplier

Gian-piero Lovicu (Gigi) talks about the principles of the expenditure multiplier.

Economic Growth Explainer: https://www.rba.gov.au/education/resources/explainers/economic-growth.html
Aggregate Demand and Aggregate Supply video: https://youtu.be/OwDBKiLy1BI
GDP video: https://www.youtube.com/watch?v=w1hvH…

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Aggregate Demand and Aggregate Supply

Gian-piero Lovicu (Gigi) talks about Aggregate Demand and Aggregate Supply. Economic Growth Explainer: https://www.rba.gov.au/education/resources/explainers/economic-growth.html Productivity Explainer: https://www.rba.gov.au/education/resources/explainers/productivity.html GDP video: https://www.youtube.com/watch?v=w1hvHEINnVA The Expenditure Multiplier video: https://youtu.be/HDsiysucvBc Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter: https://www.twitter.com/rbainfo/ Instagram: https://www.instagram.com/reservebankau/ LinkedIn: https://www.linkedin.com/company/rese…

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Aggregate Demand and Aggregate Supply

Gian-piero Lovicu (Gigi) talks about Aggregate Demand and Aggregate Supply.

Economic Growth Explainer: https://www.rba.gov.au/education/resources/explainers/economic-growth.html
Productivity Explainer: https://www.rba.gov.au/education/resources/explainers/productivity.html
GDP video: https://www.youtube.com/watch?v=w1hvHEINnVA
The Expenditure Multiplier video: https://youtu.be/HDsiysucvBc

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

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Reading and Interpreting Charts – Introduction

Reading and Interpreting Charts – Examples: https://www.youtube.com/watch?v=5rPXwaa05bY Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter: https://www.twitter.com/rbainfo/ Instagram: https://www.instagram.com/reservebankau/ LinkedIn: https://www.linkedin.com/company/rese…

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Reading and Interpreting Charts – Introduction

Reading and Interpreting Charts – Examples: https://www.youtube.com/watch?v=5rPXwaa05bY

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

Follow our other social media channels to receive updates:

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Reading and Interpreting Charts – Examples

Reading and Interpreting Charts – Introduction: https://youtu.be/lKTXeP8ITvM Statement on Monetary Policy: https://www.rba.gov.au/publications/smp/ Resources for teachers and students are available on our website: https://www.rba.gov.au/education/ Follow our other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter: https://www.twitter.com/rbainfo/ Instagram: https://www.instagram.com/reservebankau/ LinkedIn: https://www.linkedin.com/company/rese…

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Reading and Interpreting Charts – Examples

Reading and Interpreting Charts – Introduction: https://youtu.be/lKTXeP8ITvM
Statement on Monetary Policy: https://www.rba.gov.au/publications/smp/

Resources for teachers and students are available on our website: https://www.rba.gov.au/education/

Follow our other social media channels to receive updates:

Facebook: https://www.facebook.com/reservebankau/
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