Reserve Bank of Australia

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Dictionary Says

Definition of 'Reserve Bank of Australia'

The Reserve Bank of Australia is Australia's central bank and its main responsibility is to be involved in Australia's monetary policy. In addition, the Reserve Bank of Australia is also involved in banking and registry services for federal agencies and some international central banks. The Reserve Bank of Australia is tasked with contributing to three objectives: a) The stability of Australia's currency, b) Maintenance of full employment in Australia and c) The economic prosperity of the people of Australia. The bank was established in 1960 and is entirely owned by the Australian government.
Investopedia Says

Investopedia explains 'Reserve Bank of Australia'

The Reserve Bank of Australia was established by Australia's parliament in the Reserve Bank Act of 1959. The act effectively replaced the Commonwealth Bank of Australia, which had been Australia's central bank since 1911. The Reserve Bank of Australia is currently headed by Governor of the Reserve Bank, Glenn Stevens, who assumed office in 2006.
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'Reserve Bank of Australia'

  • Get To Know The Major Central Banks

    http://www.investopedia.com/articles/forex/06/CentralBanks.asp
    ... Frequency of Meeting - Eight times a year Reserve Bank of Australia (RBA) Structure -
    The Reserve Bank of Australia's monetary policy committee consists of the ...

  • Get To Know The Major Central Banks

    http://www.investopedia.com/articles/forex/06/centralbanks.asp
    ... Frequency of Meeting - Eight times a year Reserve Bank of Australia (RBA) Structure -
    The Reserve Bank of Australia's monetary policy committee consists of the ...

  • Top 8 Most Tradable Currencies

    http://www.investopedia.com/articles/forex/08/top-8-currencies-to-know.asp
    ... Movements.) 7. Australian/New Zealand Dollar (AUD/NZD) Central Bank: Reserve Bank
    of Australia / Reserve Bank of New Zealand (RBA/RBNZ) Current Interest Rate ...

  • The Australian Dollar: What Every Forex Trader Needs To Know

    http://www.investopedia.com/articles/forex/11/aud-fx-traders-should-know.asp
    ... bank of the issuing country. In the case of the Australian dollar it is
    the Reserve Bank of Australia (RBA). The RBA is a rather ...

  • Investment Gains Down Under

    http://stocks.investopedia.com/stock-analysis/2010/Investment-Gains-Down-Under-EWA-KROO-IAF-FXA0713.aspx
    ... The nation runs a budget surplus and new bullish comments from the Reserve Bank
    of Australia echo that consumer spending and business investment are expanding. ...

  • How Inflation-Fighting Techniques Affect The Currency Market

    http://www.investopedia.com/articles/forex/11/central-bank-inflation-fighting.asp
    ... The central bank of Australia raised rates several ... economy, the country's central
    bank was forced ... Tweaking Reserve Requirements An equally effective strategy ...

  • Spanning The Globe In Search Of Intriguing ETF Choices

    http://stocks.investopedia.com/stock-analysis/2009/Spanning-The-Globe-In-Search-Of-Intriguing-ETF-Choices-EPP-EWA-EWW1126.aspx
    ... And after paring interest rates to their lowest levels in 50 years from September,
    2008 to April, 2009, the Reserve Bank of Australia boosted rates in October ...

  • Range Trade Forex With Non-US Dollar Pairs

    http://www.investopedia.com/articles/forex/10/range-trade-without-usd.asp
    ... In December 2009, the Reserve Bank of Australia had interest rates at 3.75%, while
    the Bank of Japan had interest rates at 0.10%, a 3.65% interest rate ...

  • New Zealand Retail Sales May Give Kiwi A Lift

    http://stocks.investopedia.com/stock-analysis/2010/New-Zealand-Retail-Sales-May-Give-Kiwi-A-Lift0127.aspx
    ... Get Free Stock Analysis By Email. Australia Soaring The dismal figure is in stark ...
    some doubt on the pace of future rate increases by the Reserve Bank of New ...

  • Stop Keeping Up With The Joneses - They're Broke

    http://www.investopedia.com/articles/pf/07/conspicuous_consumption.asp
    ... Statistics from the Federal Reserve Board also show that, in 2005, household debt
    was at a record high when ... Yet, the World Bank cites Australia as having ...

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