Company Overview of Reserve Bank of Australia
Reserve Bank of Australia provides various banking services to the Australian Government, a range of government instrumentalities, and overseas official institutions and central banks. The company manages Australia's foreign reserves, issues Australian currency notes, and serves as banker to the Australian Government. It provides a facility to the Australian Government that is used to manage a group of bank accounts. The company’s transactional banking services include bank account facilities; deposit and cheque processing services; processing and distribution of bulk electronic direct credit and direct debit transactions; overseas payment services by cheque, electronic funds transfer, or di...
65 Martin Place
Sydney, NSW 2000
Founded in 1959
Key Executives for Reserve Bank of Australia
Chairman of Reserve Bank Board and Governor
Head of European Representative Office
Head of Payments Policy Department
Assistant Governor for Economics and Chief Economic Adviser to the Governor & Board
Compensation as of Fiscal Year 2014.
Reserve Bank of Australia Key Developments
Reserve Bank of Australia Presents at Informa Australia Pty Ltd. - AFR Banking & Wealth Summit, Apr-28-2015 08:40 AM
Apr 16 15
Reserve Bank of Australia Presents at Informa Australia Pty Ltd. - AFR Banking & Wealth Summit, Apr-28-2015 08:40 AM. Venue: InterContinental Hotel, Sydney, 117 Macquarie St, Sydney NSW, Australia. Speakers: Glenn Stevens, Chairman of Reserve Bank Board and Governor.
Nigerian Firm Sues Reserve Bank of Australia, Securency Private Limited and Innovia Films Limited over a Breach of Pact on a Polymer Plant Deal in Nigeria
Sep 29 14
The Reserve Bank of Australia and Securency Private Limited and Innovia Films Limited have been sued before an Abuja High Court over alleged breach of pact on a polymer plant deal in Nigeria. The suit was brought by Nigerian partners, Benoy Berry and Global Secure Currency Limited. The Nigerian firms said that the foreign companies had dumped the part of a partnership deal to establish a polymer currency printing plant in Nigeria.
RBA Announces Formation of Australian Payments Council; Appoints Christine McLoughlin as Inaugural Independent Non-Executive Chairperson
Aug 27 14
The Reserve Bank of Australia (RBA) has announced the establishment of the Australian Payments Council, a new coordination body for the Australian payments industry. The new coordination body has been established with the support of the Australian Payments Clearing Association (APCA) and RBA following close consultation with payments industry stakeholders. The payments council will foster the ongoing development of the Australian payments system to ensure it continues to meet the changing needs of Australian businesses and consumers with innovative, secure and competitive payment services.
Christine McLoughlin has been appointed as the inaugural independent non-executive chairperson of the council. McLoughlin will lead a council of members comprising senior executives drawn from a broad community of payments organizations including financial institutions, card schemes, major retailers and other payment service providers as well as APCA and the RBA. McLoughlin will also serve as independent chairman of the Payments Community.
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