Statement on the Conduct of Monetary Policy
A new Statement has been agreed by the Government and the Reserve Bank Board.
Read the Treasurer's announcement
A new Statement has been agreed by the Government and the Reserve Bank Board.
Read the Treasurer's announcement
Media Release
Media Release
Research Discussion Paper 2023-08
Media Release
Speaking at the ABE Annual Dinner in Sydney, the Governor discusses the latest
monetary policy decision and details the changes that the Reserve Bank is
implementing to its monetary policy processes.
Audio
22.2MB
Q&A Transcript
Download
613KB
In a speech to the Australian Securitisation Forum's annual conference, Carl Schwartz,
acting Head of Domestic Markets, talks about how the securitisation market
has evolved over recent years. He notes the securitisation markets have continued to
adapt to large changes in financial conditions.
Audio
60.5MB
Q&A Transcript
Download
840KB
No text available.
Audio
58MB
Media Release
In a speech to the UBS Australasia Conference, acting Assistant Governor (Economic)
Marion Kohler talks about how we see the outlook for the Australian economy,
approaches we use to assess where we are relative to full employment and our review
of economic forecasts for the past year.
Audio
35.2MB
Q&A Transcript
Download
565KB
Media Release
Audio 27.9MB Q&A Transcript
In this speech at the AFIA Conference, Brad Jones, Assistant Governor (Financial
System), spoke about emerging risks to financial stability that look quite different
to those of recent decades and the importance of building resilience along various
dimensions.
Audio
16.4MB
Q&A Transcript
Download
1.12MB
Research Discussion Paper 2023-07
Governor Michele Bullock spoke about how the Reserve Bank Board balances its objectives for
price stability, full employment and financial stability when formulating monetary
policy at the Commonwealth Bank of Australia Global Markets Conference.
Audio
23.3MB
Q&A Transcript
Download
819KB
In this speech to the CFA Societies in Sydney, Head of International Department Penelope Smith spoke
about how Australia benefited from the decision 40 years ago to float the exchange rate and liberalise
the capital account.
Audio
40.4MB
Q&A Transcript
Download
800KB
No text available.
Audio
60.4MB
Q&A Transcript
In this speech to The Australian Financial Review Cryptocurrency Summit, Brad Jones,
Assistant Governor (Financial System), spoke about the opportunities and challenges
arising from the tokenisation of assets and money in the digital age. He also
discussed how these issues connect to the next phase of the Reserve Bank's strategic
work program on the future of money.
Audio
32.5MB
Q&A Transcript
Download
505KB
In this speech to the Bloomberg Address in Sydney, Christopher Kent, Assistant
Governor (Financial Markets), spoke about how monetary policy moves through the
economy in three steps – from the cash rate to a broad range of interest rates, from
those rates to economic activity and from economic activity to inflation. He also
discussed the five main channels of monetary policy and the impact they are having
in Australia to bring down inflation.
Audio
46MB
Q&A Transcript
Download
755KB
Draft papers presented at Reserve Bank of Australia 2023 Conference
Latest release of archival records includes ledgers, correspondence and pass books from the early savings banks accompanied by photographs of the banks branches. These records can be explored further through new research guides on school banking, the 1890s depression in Australia and family history research.
Research Discussion Paper 2023-06
Speaking at the Anika Foundation annual fundraiser, Governor Philip Lowe talked
about the main economic challenges of his term and four fixed points he has returned
to over the years.
Audio 48MB
Q&A Transcript
Download
237KB
Media Release
Deputy Governor Michele Bullock spoke about climate change, its impact on the economy and implications for monetary policy at the Sir Leslie Melville Lecture in Canberra.
Audio
49MB
Q&A Transcript
Download
1.1MB
Joint Media Release
Media Release
Speech by Philip Lowe, Governor, Canberra
Download
227KB
Hansard Transcript
Acting Head of Domestic Markets Carl Schwartz spoke at the Risk Australia 2023
Conference about the need for the Bank to understand the implications of climate
change, and the efforts being made to address it.
Audio
15.4MB
Download
598KB
Media Release
Media Release
Speaking to the Economic Society of Australia (QLD), Governor Philip Lowe detailed
some of the changes the Board intends to make in response to the Reserve Bank
Review. The Governor also explained the latest monetary policy decision and
highlighted some issues the Board will focus on at the August meeting.
Audio
46MB
Q&A Transcript
Download
232KB
Media Release
Research Discussion Paper 2023-05
Deputy Governor Michele Bullock spoke to the Ai Group about our full employment
objective, how the labour market has evolved recently and how we are striving to
preserve many of the gains in the Australian labour market while bringing inflation
back to target.
Audio
20.2MB
Q&A Transcript
Download
909KB
Audio 36.9MB Q&A Transcript
Available papers presented at the 2022 conference on 'Economic Implications of the Digital Economy' and 2023 conference on 'Underneath the Headlines: Understanding Price Change in the Australian Economy'
Audio 17.4MB Q&A Transcript
Governor Philip Lowe spoke at the Morgan Stanley 5th Australia Summit about our strategy for navigating the narrow path to return inflation to target in a reasonable timeframe while keeping the economy on an even keel.
Audio
23.1MB
Q&A Transcript
Download
950KB
Media Release
Media Release with issues discussed at this meeting
Head of Domestic Markets, David Jacobs, spoke at the Australian Government Fixed
Income Forum in Tokyo about the recent developments and outlook for Australia's
fixed income market including how the wind-down of the Reserve Banks balance sheet
is affecting markets.
Download
1.44KB
Research Discussion Paper 2023-04
Head of Economic Analysis Marion Kohler spoke to CEDA in Perth about how forecasting
is a key decision-making tool for central banks, the challenges associated with how
we forecast and our latest forecasts for growth, unemployment and inflation.
Audio
28.7MB
Q&A Transcript
Download
746KB
Governor Philip Lowe spoke at the Reserve Bank Board Dinner in Perth about the May
monetary policy decision, as well as a number of the Reserve Banks other functions
and the recently released Review of the Reserve Bank of Australia.
Audio
29MB
Q&A Transcript
Download
209KB
This article jointly published with the Australian Bureau of Statistics draws out new insights into the private Australian rental market using a new large administrative dataset of rental properties, which is an input to the Consumer Price Index.
Governor Philip Lowe provides a briefing for media following the release of the
Final Report from the Review of the Reserve Bank of Australia – An RBA fit for
the future.
Q&A Transcript
Download
199KB
Media Release
Audio 49MB Q&A Transcript
In this address, Governor Philip Lowe explains the Reserve Bank Board's monetary
policy decision at the 4 April 2023 meeting and discusses some of the factors that
are likely to bear on the economic outlook. He also talks about the importance of
returning to low inflation.
Audio
31MB
Q&A Transcript
Download
907KB
In this keynote address, Ellis Connolly, Head of Payments Policy discusses the shift that Australians have made to paying for goods and services electronically and how the Bank is addressing important payments policy issues that have emerged due to this transition.
Audio
9.7MB
Q&A Transcript
Download
615KB
The latest release of archival records includes economic analysis from the 1970s, promotional materials about Bank services, 1960s photographs and the Coombs Collection of Australian paintings.
Research Discussion Paper 2023-03
On behalf of current and former colleagues at the Reserve Bank, the Governor, Philip Lowe, records with deep regret that former Governor Robert Alan Johnston AC died on 20 March 2023, aged 98. He was Governor of the Reserve Bank from 1982 to 1989.
In this speech, Assistant Governor (Financial Markets) Christopher Kent explains
recent temporary changes that have lengthened the time it takes for monetary
policy to affect spending via its effect on the cash flows of borrowers.
Audio
13.7MB
Q&A Transcript
Download
576KB
In this keynote address, Governor Philip Lowe explains the positive labour market outcomes of recent years and the factors the Reserve Bank Board is paying close attention to as it navigates the narrow path to bring inflation back to target.
Download
905KB
Audio
22.9MB
Joint Media Release
Research Discussion Paper 2023-02
Brad Jones, Assistant Governor (Financial System).
No text available.
Audio
12.1MB
Michele Bullock, Deputy Governor, and Adam Cagliarini, Deputy Head (FMI) Payments Policy Department. No text available.
Speech by Philip Lowe, Governor, Canberra
Download
237KB
Hansard Transcript
Media Release with issues discussed at this meeting
Philip Lowe, Governor and Michele Bullock, Deputy Governor. No text available.
Hansard Transcript
Media Release
Marion Kohler, Head of Economic Analysis Department and
Tom Rosewall, Deputy Head of Economic Analysis Department
Download
210KB
Hansard Transcript
Research Discussion Paper 2023-01
Media Release
Research Discussion Paper 2022-09
Research Discussion Paper 2022-08
Media Release 2022-43
Keynote Address by Philip Lowe, Governor, at Australian Payments Network Summit 2022, Sydney
Download
639KB
Audio
16MB
Q&A Transcript
Research Discussion Paper 2022-07
Media Release 2022-42
Speech by Brad Jones, Assistant Governor (Financial System), to the 17th Central Bank Conference on the Microstructure of Financial Markets, Sydney
Download
686KB
Audio
15.7MB
Media Release 2022-41
No text available.
Speech by Jonathan Kearns, Head of Domestic Markets, to the Australian Securitisation Conference, Sydney
Download
884KB
Audio
14.4MB
Q&A Transcript
Media Release 2022-40
Philip Lowe, Governor
No text available.
Hansard Transcript
Media Release 2022-39
Address by Philip Lowe, Governor, CEDA Annual Dinner Address, Melbourne
Download
776KB
Audio
50.6MB
Q&A Transcript
Media Release 2022-38
Media Release 2022-37
Michele Bullock, Deputy Governor
Christopher Kent, Assistant Governor (Financial Markets)
No text available.
Hansard Transcript
Research Discussion Paper 2022-06
Speech by Michele Bullock, Deputy Governor, to the Australian Business Economists, Sydney
Download
738KB
Audio
20.5MB
Q&A Transcript
No text available.
Audio
26.9MB
Q&A Transcript
Remarks by Philip Lowe, Governor, Hobart
Download
192KB
Audio
8MB
Media Release 2022-36
Media Release 2022-35
Research Discussion Paper 2022-05
Speech by Christopher Kent, Assistant Governor (Financial Markets), Commonwealth Bank Global Markets Conference, Sydney
Download
779KB
Audio
74.1MB
Q&A Transcript
Speech by Michele Bullock, Deputy Governor, at the AFIA Annual Conference, Sydney
Download
490KB
Audio
15.6MB
Q&A Transcript
Media Release 2022-34
Keynote Address by Luci Ellis, Assistant Governor (Economic), to Citi Australia & New Zealand Investment Conference, Sydney
Download
638KB
Audio
18.5MB
Q&A Transcript
Research Discussion Paper 2022-04
Media Release 2022-33
Speech by Jacqui Dwyer, Head of Information Department, at Macquarie University
Download
416KB
Media Release 2022-32
Latest release of archival records includes items relating to Dr HC ‘Nugget’ Coombs, 1960s photographs and additional records on economic analysis from 1918 to 1973.
Media Release 2022-31
Speech by Michele Bullock, Deputy Governor, Bloomberg, Sydney
Download
545KB
Audio
43MB
Q&A Transcript
Media Release 2022-30
Research Discussion Paper 2022-03
Speech by Jonathan Kearns, Head of Domestic Markets, to AFR Property Summit 2022, Sydney
Download
560KB
Audio
47.1MB
Q&A Transcript
Statement by Philip Lowe, Governor, Canberra
Download
228KB
Hansard Transcript
Media Release 2022-29
Speech by Philip Lowe, Governor, to the Anika Foundation, Sydney
Download
776KB
Audio
24.4MB
Q&A Transcript
No text available.
Audio
62.4MB
Q&A Transcript
Media Release 2022-28
Media Release 2022-27
Media Release 2022-26
Speech by Jonathan Kearns, Head of Domestic Markets, Credit Law Conference ‘Managing Financial Services Risks in an Age of Uncertainty’, Sydney
Download
524KB
Audio
13.1MB
Q&A Transcript
Media Release 2022-25
Media Release 2022-24
Media Release 2022-22
Media Release 2022-21
Treasurer Jim Chalmers has today announced the Terms of Reference for the review of the Reserve Bank. See the Treasurer's media release for details.
Address by Philip Lowe, Governor, to the Australian Strategic Business Forum 2022, Melbourne
Download
766KB
Audio
17.8MB
Q&A Transcript
Speech by Michele Bullock, Deputy Governor, at the ESA (QLD) Business Lunch, Brisbane
Download
470KB
Audio
45.5MB
Q&A Transcript
No text available.
Audio
30MB
Q&A Transcript
Media Release 2022-20
Media Release 2022-19
Media Release 2022-18
Draft papers presented at Reserve Bank of Australia 2022 Conference
No text available.
Audio
60.6MB
Q&A Transcript
Media Release 2022-17
Speech by Philip Lowe, Governor, to American Chamber of Commerce in Australia (AMCHAM), Sydney
Download
399KB
Audio
28.4MB
Q&A Transcript
Media Release 2022-16
Media Release 2022-15
Media Release 2022-14
Media Release 2022-13
Keynote Speech by Luci Ellis, Assistant Governor (Economic), to the UDIA 2022 National Congress, Sydney
Download
481KB
Audio
17.8MB
Q&A Transcript
Research Discussion Paper 2022-02
Keynote Address by Christopher Kent, Assistant Governor (Financial Markets), KangaNews DCM Summit, Sydney
Download
757KB
Audio
30MB
Q&A Transcript
No text available.
Audio
38MB
Q&A Transcript
Speech by Philip Lowe, Governor, Sydney
Video
Download
235KB
Audio
58MB
Q&A Transcript
Media Release 2022-12
Opening Address by Ellis Connolly, Head of Payments Policy Department, to the Real Time Payments Summit 21/22, ICC, Sydney
Download
266KB
Audio
39MB
Q&A Transcript
Michele Bullock, Deputy Governor
Christopher Kent, Assistant Governor (Financial Markets)
No text available.
Media Release 2022-11
Media Release 2022-10
Latest release of archival records includes economic analysis over the period 1918 to 1966, as well as historic documents and photographs about Bank offices and branches.
Remarks by Philip Lowe, Governor
No text available.
Audio
42.7MB
Media Release 2022-08
Address by Philip Lowe, Governor
No text available.
Audio
40.9MB
Q&A Transcript
Media Release 2022-07
Keynote Address by Philip Lowe, Governor, AFR Business Summit, Sydney
Download
876KB
Audio
47.7MB
Q&A Transcript
Media Release 2022-06
Media Release 2022-05
Remarks by Christopher Kent, Assistant Governor (Financial Markets), to the Australian Financial Markets Association, Sydney
Download
446KB
Audio
37.2MB
Q&A Transcript
Remarks by Philip Lowe, Governor, to G20 Meeting in Indonesia, Online
No text available.
Audio
18.9MB
Q&A Transcript
Media Release 2022-03
Guy Debelle, Deputy Governor
Michele Bullock, Assistant Governor (Financial System)
No text available.
Hansard Transcript
Statement by Philip Lowe, Governor, Online
Download
155KB
Hansard Transcript
Video of the Proceedings
Address by Philip Lowe, Governor, to National Press Club of Australia, Sydney
Download
250KB
Audio
68.9MB
Q&A Transcript
Media Release 2022-02
Research Discussion Paper 2022-01
Media Release 2022-01
Some files on this page may be
presented in Adobe PDF or audio formats.
See the Q&A about the website
if you have trouble opening these files.