We are Australia’s central bank and serve the people of Australia. We conduct monetary policy, determine payments system policy, work to maintain a stable financial system, issue the nation’s banknotes, operate the core of the payments system and provide banking services to the government.
We are responsible for all aspects of the production and issuance of Australian banknotes. We work to make them durable and difficult to counterfeit. We also operate the payment system that is at the centre of the movement of money in Australia, ensuring efficient and secure transactions.
We contribute to financial stability by collaborating with other financial regulators and setting monetary policy to keep inflation low and stable while supporting full employment. We are also the banker for the Australian Government, managing transactions such as tax payments and government refunds.
The Reserve Bank manages Australia's gold and foreign exchange reserves and supports economic prosperity and welfare through research, analysis, and innovation. We have over 1,500 staff located in Sydney, Canberra, and state capitals, with international offices in Beijing, London, and New York.