Reserve Bank of Australia

Excellent enterprise, balanced and does the hard work of tackling price stability. RBA should also be in charge of setting fiscal expenditure to ensure governments don't overspend and are prudent with taxpayers dollars

Please read this to understand why increasing interest rates is our own doing partially. RBA Moving swiftly to tackle high inflation and keep the dollar competitive and valued. In 2021-2023 unfortunately, people behaviour unexpectedly added billions of dollars into circulation by rapidly demanding and increasing house prices. Wages have increased as well and unemployment have decreased leaving the RBA no choice.

Who ever got a supercheap loan at a low 2% in 2021 and 2022 with a serviceability of only 3% should have realised sooner or later interest was going to go up and made provisions to either buy a smaller house instead or work longer hours.

Also just go to the shopping malls and see the spending habits of people

I think we are directly seeing the effects of our own doings.

Someone can explain to me why am am wrong. I am not an economist.

All these gronks leaving 1-star reviews have less IQ than a hamster. Increasing the cash rate cools off excessive borrowing & so decreases inflation. It's not Philip Lowe's fault you're on the streets after you went beyond your means. Grow up and take an L fellas.

The RBA is a marvel of public service and should be admired by all other government departments. Reserve Bank Governor Philip Lowe has made my experience of learning the HSC Economics course an absolute pleasure. I commend you sir, and implore you to continue your excellent work, be it through conventional, or indeed unconventional monetary policy

I love Monetary Policy! Governor Lowe is doing a great job, as the RBA has since the mid-1990s.

Australia's central bank owns by the Commonwealth of Australia. Was established in 1960 as central bank and banknotes issuing. This building stands out in Martin Place. I always noticed the sculpture, Free Standing, just outside the main entrance from Martin Place. I love coming here to visit the museum and noticed a lot of school children doing the same tour. The museum opens Monday to Friday from 10am to 4PM. Worth doing the guided tours which takes about half hour to do. Lovely interior with great welcoming staffs onsite to guide you. Worth exploring especially the museum and the history of this important institution and money. Martin Place station is right next door.

Just keep the Cash Rate down, we will keep giving you a 5 star rating, not interested in anything else

Without a doubt one of the best central banks in the world. Thank you for the low and stable inflation over the last 20 years.

Why do you always talk $ down
give me you job for 12 month
I have intrest rates up to 6pc
stop looking after your mates at the
top end of town
when I brought my house
intrest rates 17%
so leave the bloody $ alone
R V Trout

The museum has a great history of the country's contribution to numismatics and polymer currency production

They have a free self guided tour (also group guided tours) where you can look through Australia's history of money (and a bit of Aussie history along the way) seeing the evolution of the first notes and coins used in Australia to the world's first polymer currency and the notes we use today. The Australian spin-off now makes plastic currency for several countries. Takes about 2 hours if you read through everything, otherwise it can be a quick one hour perusal.

Not too bad at central banking, big fail on the $5 'extensive consultation'.

Which nobody knew about and which assumed the answer - a picture of the queen.

Their reaction to the backlash - just ignore it, of course.

This is a nice clean bank. Never had any issues with them. Their money is always in mint condition. Would of given five stars if the customer service was nicer

Pls stop raising rates bcos rich Australians can buffer their lives against inflation. Think about the average man pls.

"Real-time" payment system Osko was taken down by a technical fault overnight (12 Oct)
The Reserve Bank has taken responsibility for the outage
Banks are scrambling to process a payment backlog

So out of touch with the real world. Get out of your ivory towers, give up all your perks and exclusive low interest loans and try living in the real world

RBA: supercharged property prices by taking interest rates to zero

Federal Gov: keeping property prices high by supercharging immigration

You need to drop interest rates urgently please to ease peoples costs to service their mortgages. You have gone way to hard. It’s easy to stop an economy clearly but it will be slow and painful starting it up sgsin.

Dr Lowe's notorious pledge to Australians, made as recently as 2021, was that interest rates would not ascend again "until at least 2024. " This was one of the main reasons why a large number of investors enthusiastically sought loans from banks and funneled their funds into the housing market. Unfortunately, these aggressive investments have induced a surge in housing prices, pushing them beyond manageable levels.

Its the opposite these rate hikes have cause housing and renting inflation i think its time to lower it all its doing is helping the rich and is stabbing the poor.booo time to lower it to 0.14.got it ive lost 200 a fortnight on a pension thats like my food money wheres my food gonna come from
my rent has gone up almost double.i basiclly have lost any savings and maybe alot of my food on these rental increases when the money increases in welfare or jobs it doesnt cover these costs caused my rate hikes.people need to spend to help business you need a balance.you literally need to add 200 dollars extra to cover my losses and im not lying.but even if you do lower it are the landlords and real estate gonna lower it back down what has this caused