RBA decides to keep cash rate on hold at 3.6 per cent

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RBA keeps rates on hold heading into the holidays

🏦 The Reserve Bank and the Money Machine 1959 Part 4 of 7 – “The Hidden History of Australia” In 1959, the Commonwealth Bank was split and the Reserve Bank of Australia was born. What had been the people’s bank — backed by public credit and national wealth — became an “independent” central bank aligned with global monetary policy. From that moment, money creation moved from public hands to private control, and Australia’s economy was tied to a system that creates debt every time it creates curr

Reserve Bank delivers 0.25 percentage point cut to cash rate in second interest rate reduction of 2025