Reserve Bank of Australia in Sydney, Australia | Bank
Reserve Bank of Australia
Locality: Sydney, Australia
Phone: +61 2 9551 8111
Address: 65 Martin Place 2000 Sydney, NSW, Australia
Website: https://www.rba.gov.au
Likes: 7068
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23.01.2022 This image was taken in 1928 from the Government Savings Bank of New South Wales in Sydney. It's looking north-west at the Harbour Bridge being constructed. This is one of the thousands of images in our Archives. Stay tuned for a new image each month. : RBA Archives PN-016479
20.01.2022 Young banknote enthusiast Leo was very excited to be one of the first to purchase a new $100 banknote when it was released yesterday, and even got to meet Governor Lowe.
15.01.2022 The new $100 banknote entered general circulation today - https://bit.ly/3jE7UMr It may take some time before you see one in the wild, but the existing $100 banknote can continue to be used. In fact, all previous banknotes issued by the Reserve Bank retain their legal tender status and can continue to be used.
15.01.2022 Trying to get your head around the monetary policy measures we are using to support job creation and the recovery of the Australian economy from the COVID-19 pandemic? Take a look at a one-page summary of our recent monetary policy package.
14.01.2022 Check out our three Explainer Videos on Inflation. Introduction to Inflation https://bit.ly/2EHwbCJ Measures of Inflation https://bit.ly/37Gq2Ty Calculating Inflation https://bit.ly/2FYJdfT... Australian Bureau of Statistics
13.01.2022 Where do we see the Australian economy headed? Our key economic publication, the Statement on Monetary Policy, provides a detailed assessment of where the economy is now and where it's headed. Read it here: https://bit.ly/3mT2Plp
13.01.2022 Governor Lowe explained today's package of economic support measures via a press conference in Sydney. Read the full speech: https://bit.ly/2HZk19s
12.01.2022 At its meeting today, the Board decided on a package of further measures to support job creation and the recovery of the Australian economy from the pandemic. The elements of today's package are as follows: - a reduction in the cash rate target to 0.1% - a reduction in the target for the yield on the 3-year Australian Government bond to around 0.1%... - a reduction in the interest rate on new drawings under the Term Funding Facility to 0.1% - a reduction in the interest rate on Exchange Settlement balances to zero - the purchase of $100 billion of government bonds of maturities of around 5 to 10 years over the next six months
05.01.2022 Australians have been increasingly choosing to pay with debit cards rather than credit cards. Did you know that, over the past year, the value of purchases made using credit cards was down by 15%, while debit card purchases were up by 14%? We have also seen credit card debt fall by 24% to $38 billion.
05.01.2022 Our National NAIDOC Week feature recounts the deep engagement of our first Governor Dr HC Coombs with issues affecting First Australians.
04.01.2022 We remember those who have served our nation, including 206 of our own staff who enlisted in the First World War. Read their stories - https://bit.ly/2Kbh6ZQ #rba #remembrance #remembranceday #lestweforget
04.01.2022 Our focus over the next couple of years is job creation, but how do we know if jobs are being created? The Australian Bureau of Statistics Labour Force data are a good place to start. Learn about how unemployment is measured - https://bit.ly/3lKZEfs
01.01.2022 Influencing the yield curve for government bonds is a key component of the package of economic support measures we announced yesterday. Not quite sure what a government bond or the yield curve is? Check out our Explainer to learn about how monetary policy influences the yield curve to lower interest rates, including the cost of borrowing for the government, households and business.
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