Reserve Bank of Australia

About

The Reserve Bank of Australia serves as the nation’s central bank, steering monetary policy to uphold price stability, full employment, and overall economic prosperity. It sets the cash rate to meet a medium‑term inflation target, conducts market operations, and safeguards financial stability while operating an efficient payments system. The bank also issues Australian banknotes and manages the country’s gold and foreign exchange reserves. In addition to these core functions, it provides specialized banking services to the Australian Government, its agencies, and selected overseas central banks, distinguishing itself as a key steward of Australia’s financial infrastructure.