Elysha Novelia

Reserve Bank Of Australia News 2025 Changes. Decisions regarding monetary policy are made by the reserve bank board and explained in a. When money goes from one bank to another, say when you pay a bill to somebody who banks with a different bank, the money comes through the reserve bank.

The reserve bank has cut interest rates on tuesday afternoon for the first time since november 2020, after keeping rates on hold at 4.35 per cent for more than a year. The reserve bank sets the target ‘cash rate’, which is the market interest rate on overnight funds.