Few institutions shape everyday Australian life as quietly, or as powerfully, as the Reserve Bank of Australia (RBA). Every time you renew a mortgage, open a savings account, or watch the Australian dollar move, the RBA's decisions are somewhere in the background. But what actually goes on inside the bank, and what drives the calls that ripple through the entire Australian economy? The RBA is Australia’s central bank. Unlike commercial banks that lend to individuals and businesses, the RBA lends to financial institutions, issues the nation's currency, and acts as the government's banker. It also plays a role in ... (full story)