Reserve Bank

Jonathan Rosenberg Economics Assessment - Reserve Bank The Reserve Bank of Australia (RBA) is Australia's central bank and was established by the Government. Its responsibilities include monetary policy and the maintenance of financial stability. The Governor (I J Macfarlane) chairs the Reserve Bank Board. The Bank's responsibilities, as well as the fact that it prints and issues Australia's currency notes, ensure that it remains an active participant in financial markets and the payments system. Its …

…various policies have been. Businesses use these statistics to try recognize market trends and try and calculate when and what to invest in. Individuals also use the statistics for investment opportunities. By ensuring stability of inflation, controlling unemployment levels, controlling risk in the financial system, efficiency in the payments system and assisting the Government, businesses and individuals with statistics, the RBA is and will always be a vital part of keeping Australia's economy running smoothly.