<p>The Reserve Bank of
Australia (RBA) is Australia's central bank which conducts the
nation's monetary policy and issues its currency.
<p>The Bank seeks to
foster financial system stability and promotes the safety and
efficiency of the payments system, as well as offers banking services
to government. The Bank is a body corporate wholly owned by the
Commonwealth of Australia.
<p>The Reserve Bank
Board makes monetary policy decisions in terms of the cash rate –
the interest rate on overnight loans in the money market. These
decisions affect a range of other market and institutional interest