RBA The Reserve Bank of Australia was established in 1960, where the monetary policy committee of the Bank of Australia consists of the governor of the Central Bank of Australia, the deputy governor of the Central Bank of Australia, the secretary of the Treasury, and 6 independent members appointed by the Australian government.
The task of the Australian bank is to ensure the stability of the currency, maintain the prosperity of the economy, high employment rates and the well-being of the Australian people.
The Bank of Australia sets a reasonable inflation level at 2-3%. The Australian monetary policy committee meets 11 times a year،
This is usually on the first Tuesday of every month (except January).
The current governor of the Bank of Australia is "Michele Bullock"
