Monetary Brief News

Reserve Bank of Australia News

Reserve Bank of Australia reveals summary of stakeholder feedback on monetary policy consultation

The Reserve Bank of Australia (RBA) disclosed a summary of feedback from stakeholders on the consultation paper, "The Future System for Monetary Policy Implementation".

RBA updates system for monetary policy implementation and overnight standing facility

The Reserve Bank of Australia (RBA) has announced updates to its monetary policy implementation system, known as the 'ample reserves with full allotment' system.

Monetary Policy Board maintains cash rate at 4.10%, highlights inflation concerns

The Monetary Policy Board has announced that it will maintain the current cash rate target at 4.10 percent and the interest rate on Exchange Settlement balances at 4 percent.

ASX addresses operational risk concerns after CHESS system failure

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) are addressing concerns over operational risk management at ASX, following a failure in the CHESS batch settlement system on December 20, 2024.

Reserve Bank unveils new $5 note honoring First Nations connection

The Reserve Bank of Australia (RBA) has announced the theme for the redesigned $5 banknote, which will honor the deep connection First Nations peoples have to their land.

Reserve Bank of Australia and Bank of Japan renew currency swap agreement

The Reserve Bank of Australia and the Bank of Japan have renewed their Bilateral Local Currency Swap Agreement for another three years.

RBA releases risk assessment on decommissioning Bulk Electronic Clearing System

The Reserve Bank of Australia (RBA) has released a risk assessment concerning the proposed decommissioning of the Bulk Electronic Clearing System (BECS), a primary system for account-to-account payments in Australia.