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Struck in bronze and attached to a dominating piece of stone in the foyer of the Reserve Bank’s headquarters in Sydney’s Martin Place is the bank’s charter.
Every day, as bank staff enter the building, they are reminded of the central bank’s critical functions.
Those functions are to direct bank policy to the “greatest advantage of the people of Australia”. It is to do that through three key actions: maintaining the stability of the currency, ensuring full employment and furthering the “economic prosperity and welfare of the people of Australia”.
Why has the Reserve Bank of Australia come under fire?
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Why has the Reserve Bank of Australia come under fire?
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Why has the Reserve Bank of Australia come under fire?
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