In January 2023, the Reserve Bank of Australia commissioned a comprehensive review of the operating environment supporting the Reserve Bank Information and Transfer System (RITS). This system is a critical part of Australia’s payments infrastructure an… Continue reading
Today’s Payments System Board meeting discussed the Bank’s targeted self-assessment of Australia’s real-time gross settlement system against the relevant international standards, the pricing of New Payments Platform services, competition in the debit c… Continue reading
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.85 per cent. It also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75 per cent. Continue reading
The Bank welcomes today’s release of the Review of the Reserve Bank and the government’s response. Continue reading
At its meeting today, the Board decided to leave the cash rate target unchanged at 3.60 per cent and the interest rate on Exchange Settlement balances unchanged at 3.50 per cent. Continue reading
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.50 per cent. Continue reading
Media release number 2023-06: The Digital Finance Cooperative Research Centre and the Reserve Bank are announcing the use case proposals, along with their providers, which have been invited to participate in the live pilot, which will take place over t… Continue reading
Media Release Number 2023-05: Today’s Payments System Board meeting discussed ASX’s self-assessment against the Financial Stability Standards (FSS), the Bank’s framework for supervising payment system safety and resilience, payments system regulatory r… Continue reading
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.35 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.25 per cent. Continue reading
Today, the Reserve Bank of Australia renewed the bilateral local currency swap agreement with the Bank of Korea. Continue reading