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RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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Statement by Philip Lowe, Governor: Monetary Policy Decision

1 Nov 2022 Media Releases
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision. Number 2022-36. ... The Board recognises that monetary policy operates with a lag and that the full effect of the increase in interest rates is yet to be felt in mortgage payments
https://www.rba.gov.au/media-releases/2022/mr-22-36.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

5 Apr 2022 Media Releases
At its meeting today, the Board decided to maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances at zero per cent.
https://www.rba.gov.au/media-releases/2022/mr-22-11.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

7 Jun 2011 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.75 per cent
https://www.rba.gov.au/media-releases/2011/mr-11-09.html

Statement by Glenn Stevens, Governor: Monetary Policy

1 Dec 2009 Media Releases
Announcement of increase in the cash rate by 25 basis points to 3.75 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-28.html

Statement by Glenn Stevens, Governor: Monetary Policy

8 Aug 2007 Media Releases
Announcement of increase in the cash rate by 25 basis points to 6.50 per cent
https://www.rba.gov.au/media-releases/2007/mr-07-11.html

Statement by Glenn Stevens, Governor: Monetary Policy

7 Nov 2007 Media Releases
Announcement of increase in the cash rate by 25 basis points to 6.75 per cent
https://www.rba.gov.au/media-releases/2007/mr-07-20.html

Statement by Glenn Stevens, Governor: Monetary Policy

5 Dec 2007 Media Releases
Announcement that the cash rate remains unchanged at 6.75 per cent
https://www.rba.gov.au/media-releases/2007/mr-07-21.html

Statement by Glenn Stevens, Governor: Monetary Policy Decision

3 Apr 2012 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.25 per cent
https://www.rba.gov.au/media-releases/2012/mr-12-09.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

6 Apr 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-21-04.html

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Jun 2022 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 50 basis points to 85 basis points.
https://www.rba.gov.au/media-releases/2022/mr-22-14.html