(Created page with " __TOC__ ='''Australia – The Reserve Bank of Australia (RBA)'''= =='''RBA Structure''== The RBA monetary policy committee consists of the central bank governor, the deputy governor, the secretary to the treasurer, and 6 independent members appointed by the Australian government. They meet 11 times per year, usually on the first Thursday of each month with the exception of January. =='''RBA Mandates'''== The mandate of the RBA is to ensure the stability o...") |
No edit summary |
||
| Line 8: | Line 8: | ||
=='''RBA Structure''== | =='''RBA Structure'''== | ||
The RBA monetary policy committee consists of the central bank governor, the deputy governor, the secretary to the treasurer, and 6 independent members appointed by the Australian government. | The RBA monetary policy committee consists of the central bank governor, the deputy governor, the secretary to the treasurer, and 6 independent members appointed by the Australian government. | ||
Revision as of 10:52, 11 March 2023
Australia – The Reserve Bank of Australia (RBA)
RBA Structure
The RBA monetary policy committee consists of the central bank governor, the deputy governor, the secretary to the treasurer, and 6 independent members appointed by the Australian government.
They meet 11 times per year, usually on the first Thursday of each month with the exception of January.
RBA Mandates
The mandate of the RBA is to ensure the stability of the currency, maintain full employment, and economic prosperity and welfare for the people of Australia. To achieve these statutory objectives they have an inflation target of between 2% and 3% per year.
An interesting note is that the Australian and New Zealand currencies are sometimes referred to as the Antipodeans.