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RBA Glossary definition for central bank

central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.

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The Future System for Monetary Policy Implementation

2 Apr 2024 Speech PDF 657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.pdf

Financial Stability Review - March 2024

26 Mar 2024 FSR - March 2024 PDF 2619KB
https://www.rba.gov.au/publications/fsr/2024/mar/pdf/financial-stability-review-2024-03.pdf

Australia's Inflation Target

22 Mar 2024 PDF 163KB
An inflation target provides a framework to guide a central bank’s policy decisions and to ensure accountability in its management of the economy. ... The Reserve Bank adopted an inflation target in the early 1990s, as did various central banks around
https://www.rba.gov.au/education/resources/explainers/pdf/australias-inflation-target.pdf

Opening the Vault

15 Mar 2024 PDF 130KB
Learning activity
https://www.rba.gov.au/education/resources/learning-activities/pdf/activity-opening-the-vault.pdf

What is Monetary Policy?

14 Mar 2024 PDF 836KB
This is an important role for most central banks and is why they are sometimes referred to as being the ‘lender of last resort’. ... This principle of central bank independence is generally accepted internationally and helps prevent manipulation of
https://www.rba.gov.au/education/resources/explainers/pdf/what-is-monetary-policy.pdf

The Transmission of Monetary Policy

14 Mar 2024 PDF 159KB
The Transmission of Monetary Policy. 1. 2. RESERVE BANK OF AUSTRALIA | Education 1The Transmission of Monetary Policy. ... Higher wage growth would then contribute to higher inflation. By having an inflation target, the central bank can anchor inflation
https://www.rba.gov.au/education/resources/explainers/pdf/the-transmission-of-monetary-policy.pdf

Modernising Australia's Payments System

11 Mar 2024 Speech PDF 486KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-12-12.pdf

Banknote Distribution Terms and Conditions

22 Feb 2024 PDF 561KB
47. SCHEDULE 5 - ACCESS TO RESERVE BANK DISTRIBUTION SITES AND RESERVE BANK SYSTEMS.49. ... NGB means the second Series of polymer Banknotes issued by the Reserve Bank.
https://www.rba.gov.au/payments-and-infrastructure/banknote-distribution-framework/bdf-legal-framework/pdf/bdf-terms-and-conditions.pdf

RBAFOI-232435 - documents for release

21 Feb 2024 PDF 2103KB
Documents created in March 2020 concerning the functioning of the U.S. Treasury market
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232435.pdf

RBAFOI-232430 - documents for release

19 Feb 2024 PDF 857KB
documents between 1 July and 3 November 2020 detailing costs, benefits or risks of the Bank buying large volumes of Government Bonds
https://www.rba.gov.au/information/foi/disclosure-log/pdf/232430.pdf