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Reserve Bank 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.

RBA

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 other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter:...

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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 other social media channels to receive updates: Facebook: https://www.facebook.com/reservebankau/ Twitter:...

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Statement by Philip Lowe, Governor: Monetary Policy Decision

At its meeting today, the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for longer. Under the expanded Term Funding Facility, authorised deposit-taking institutions (ADIs) will have access to additional funding, equivalent to 2 per cent of their outstanding credit, at a...

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Payments System Board Update: August 2020 Meeting

At its meeting today, the Payments System Board discussed a number of issues, including: The impact of the COVID-19 pandemic on the Australian payments system. Payment system operators and retail payment service providers have continued to cope well with the operational challenges posed by the pandemic. Financial market infrastructures have also continued to perform well in recent months. The assessment of the ASX clearing and settlement...

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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:...

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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:...

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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:...

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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:...

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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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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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