Australia
Supervisors grapple with the smaller bank dilemma
How are the guardians of stability moving to address risks linked to smaller banks in the aftermath of SVB’s collapse?
Australian SMEs face financing drought, RBA official says
Traditional banks are averse to lending to innovative small firms, assistant governor says
People: January to March 2024
A round-up of central bankers in the news and on the move during the past three months
RBA to shift to ‘ample reserves’ operational framework
New approach will be simpler to operate and reduce market volatility risk, assistant governor Kent says
RBA seeks citizens’ ideas for redesigned A$5 note
Bank asks Australians to submit proposals for theme reflecting indigenous cultures
RBA names Susan Woods as first chief operating officer
Independent review called for COO role to give senior officials more time for policy matters
Politicians must be able to overrule RBA, say ex-governors
Ian Macfarlane and Bernie Fraser argue government should retain veto over Australian monetary policy
Monetary tightening can reduce innovation, says RBA paper
Higher rates affect small Australian firms more than large ones, research finds
Reserve Bank of Australia holds policy rate
Central bank has not ruled out further hikes while inflation eases
RBA sees gender disparity in Australians’ inflation expectations
Survey claims men’s views are closer to central bank’s than women’s
Leaders are key to adopting technology, RBA study finds
Australian firms use GPT better if executives have tech background or are female, research says
RBA plans to review retail payments regulation
Governor Michele Bullock outlines plans to modernise Australia’s payments system
Australian government and RBA agree dual mandate for central bank
RBA to begin publishing unattributed record of votes for its monetary policy decisions
RBA holds at last meeting of the year
“Limited information” leads central bank to keep rate unchanged for time being
RBA’s Bullock says economic activity is stronger than expected
Australian central bank sees second-round effects as businesses pass cost rises on
Australia announces RBA governance law and new deputy governor
Labor government appoints BoE official Andrew Hauser to senior role
RBA resumes rate hikes to curb sticky inflation
Australian government confirms it will make significant changes to central bank’s governance
RBA’s Bullock rules out setting an employment target
Governor says full employment cannot be reduced to a single measurement
RBA staff considering industrial action over salary increases
Central bank offered a 11% pay rise over the next three years, but union says it is not enough
Currency round-up: Liberia withdraws pre-2021 notes
DRC central bank calls on the public to better preserve banknotes, and more
RBA continues to hold rates under new governor
‘Some further tightening of monetary policy may be required,’ Bullock says
Ex-governor issues stern warnings about planned RBA revamp
Debate over proposed changes to RBA’s board structure escalates
RBA’s Lowe defends record, but admits some mistakes
Outgoing Australian governor says guidance was wrong but that media worsened policy debate
Financial regulators: one, two, maybe a few?
As Jamaica moves to introduce the ‘twin peaks’ approach to financial oversight, Ben Margulies assesses some of the pros and cons