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RBA Glossary definition for IT

IT – Information Technology

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Robust Fallbacks Required for BBSW Securities

13 Sep 2021 Media Releases
From 1 December 2022, robust fallbacks will be required for securities that reference BBSW to be eligible as collateral in the Reserve Bank's market operations.
https://www.rba.gov.au/media-releases/2021/mr-21-20.html

New Banknote Design

2 Feb 2023 Media Releases
The Reserve Bank has decided to update the banknote to feature a new design that honours the culture and history of the First Australians.
https://www.rba.gov.au/media-releases/2023/mr-23-02.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

3 Nov 2020 Media Releases
It will, however, take some time to reach the pre-pandemic level of output. ... For this to occur, wages growth will have to be materially higher than it is currently.
https://www.rba.gov.au/media-releases/2020/mr-20-28.html

Regulators Release Feedback on Financial Institutions' Preparation for LIBOR Transition

8 Apr 2020 Media Releases
To ensure a smooth transition, it is crucial that institutions in Australia are well-prepared. ... It also risks disruptions to financial markets.’. ASIC Commissioner Cathie Armour said, ‘It is vital that Australian institutions are aware of any
https://www.rba.gov.au/media-releases/2020/mr-20-12.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Dec 2020 Media Releases
This is good news, but the recovery is still expected to be uneven and drawn out and it remains dependent on significant policy support. ... For this to occur, wages growth will have to be materially higher than it is currently.
https://www.rba.gov.au/media-releases/2020/mr-20-32.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Apr 2020 Media Releases
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020.
https://www.rba.gov.au/media-releases/2020/mr-20-11.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 May 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-06.html

Reserve Bank Welcomes Digital Finance Cooperative Research Centre Announcement

30 Jun 2021 Media Releases
Reserve Bank welcomes Digital Finance Cooperative Research Centre announcement
https://www.rba.gov.au/media-releases/2021/mr-21-12.html

Reserve Bank partners with Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software on Wholesale Central Bank Digital…

2 Nov 2020 Media Releases
The media release announces an industry project between the RBA, Commonwealth Bank, National Australia Bank, Perpetual and ConsenSys Software to explore the potential use and implications of a wholesale form of central bank digital currency using
https://www.rba.gov.au/media-releases/2020/mr-20-27.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Dec 2022 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-41.html