We are Australia's central bank. We conduct monetary policy, work to maintain a strong financial system and issue the nation’s banknotes.
Monetary policy faces significant challenges as the Reserve Bank of Australia navigates persistent inflation, supply shocks, and a dual mandate to manage both price stability and labor market health. Despite recent rate hikes, the inflation outlook remains precarious due to rising energy costs, global geopolitical tens...
Reserve Bank Governor Michelle Bullock addresses the complexities of the current Australian economic landscape, characterized by persistent supply-side shocks from geopolitical instability and climate change. Monetary policy remains focused on anchoring inflation expectations to prevent second-round effects, as traditi...
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