🏢 Company
Reserve Bank of Australia
Central bank of Australia
📊 Rating
3 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Monetary Policy (2)
- Geopolitical Risk (2)
- Inflation (1)
- Currency Markets (1)
- Central Bank Policy (1)
🏷️ Keywords
Reserve Bank of Australia (3) · interest rates (2) · inflation (2) · Michele Bullock (1) · RBA (1) · petrol prices (1) · rate hike (1) · monetary policy (1) · Australia (1) · central bank (1) · Iran conflict (1) · economic policy (1) · Asian currencies (1) · U.S. dollar (1) · Iran-Israel conflict (1) · Federal Reserve (1) · Australian dollar (1) · safe-haven demand (1) · geopolitical tensions (1)
📖 Key Information
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.
The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official cash rate.
📰 Related News (3)
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🇬🇧 Michele Bullock says higher petrol prices 'not the reason' for RBA rate hike – video<p>The Reserve Bank rate hike takes the cash rate target from 3.85% to 4.1%, back to where it was in February 2025, wiping out the relief offered by t...
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