Reserve Bank of Australia

The Reserve Bank of Australia, or RBA, is the central bank of Australia. It conducts monetary policy, determines the payments system policy, and works to maintain a stable financial system, amongst other functions.

Australia, New Zealand propose reforms on AT1 capital rules

New Zealand wants to remove AT1 capital and introduce more granular standardised weights for credit risk. 

Aussie regulators update MOU to strengthen financial stability cooperation

The updated MOU sets out their respective roles for contributing to financial stability.

Australia floats removing surcharge on card payments, lowering interchange fee cap

Lowering the cap could save businesses $1.2b in fees per year.

Australia says industry not ready to decommission BECS

The industry does not have a shared vision or transition plan yet.

BIS, central banks embed regulatory compliance in cross-border payments

Project Mandala has now reached proof of concept stage.

Australia proposes central clearing of bonds and repos

Financial regulators are inviting feedback to reassess its possible implementation. 

Australia’s central bank names first-ever COO

Susan Woods has served as Assistant Governor (Corporate Services) at RBA since 2018.

Australia to amend retail payments regulation in 2024: governor

Reforms will include better cost transparency from BNPL, mobile wallets.