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26,635 Posts.

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22/03/25

17:42

Post #: 78374394
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Originally posted by mudguts ↑

Whats the RBA's mandate..

Here I'll help

About the RBA

The Reserve Bank of Australia (RBA) is Australia's central bank and derives its functions and powers from the Reserve Bank Act 1959. Its duty is to contribute to the stability of the currency, full employment, and the economic prosperity and welfare of the Australian people. It does this by conducting monetary policy to meet an agreed inflation and full employment objectives,

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Hi MG

Also a big point of their action *** Do whatever the politicians tell them to do regardless of how it hurts the people and the country
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