Wouldnt give my centrelink
Without a doubt one of the best central banks in the world. Thank you for the low and stable inflation over the last 20 years.
This is a nice clean bank. Never had any issues with them. Their money is always in mint condition. Would of given five stars if the customer service was nicer
The main skill set of this organisation is cutting interest rates to absurd record low levels, which has the effect of damaging savers and encouraging debt-fuelled real estate speculation in Australia's cities. The long term effect of this will not be pretty.A high savings rate and investment is what causes an economy to grow. This has been understood throughout history by a range of economists ranging from Adam Smith to Karl Marx. It is very difficult for an economy to grow sustainably over the long term with interest rates at these absurd levels.
Not too bad at central banking, big fail on the $5 'extensive consultation'.Which nobody knew about and which assumed the answer - a picture of the queen. Their reaction to the backlash - just ignore it, of course.
Reserve Bank of Australia is an Australian Bank based in Sydney, New South Wales. Reserve Bank of Australia is located at 65 Martin Pl, Sydney NSW 2000, Australia.
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