01/03/2022
Do you know what our central bank is for?
One of the most prominent players in the Australian economy is the Reserve Bank of Australia – or the RBA. The RBA is Australia’s Central Bank. This means that it is the banker for the Commonwealth Government and that it is responsible for management of Australia’s currency.
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One of the most prominent players in the Australian economy is the Reserve Bank of Australia – or the RBA. Amongst many other things, the RBA makes the news each month when it announces its policy for interest rates. The RBA is Australia’s Central Bank. This means that it is the banker for the C...