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

Labor rejects $40 fuel cap as over 500 stations run dry

A Home For All: Because everyone deserves a place to call home

Interest rates on hold

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