Definitions for "Reserve Bank of Australia"
The Australian Central Bank --
Australia's central bank. It implements government monetary policy and manages the note issue.
Australia's central bank; came into being in 1959 when the central banking activities of the Commonwealth Bank of Australia were transferred to the new entity. The RBA's role combines that of guardian of the financial system and confidant to the Federal Government. It has responsibility for the banking system and authorised dealers, as well as overseeing the activities of Australia's financial markets.