Financial System

The Reserve Bank is responsible for maintaining the stability of the financial system. In a healthy and stable financial system, financial institutions, financial markets and the payment system work smoothly.

The Reserve Bank promotes the stability of the financial system through managing and providing liquidity to the system, monitoring risks, and chairing the Council of Financial Regulators (which also includes APRA, ASIC and the Australian Treasury).

The Reserve Bank is also the regulator of the payments system. The Payments System Board has a mandate to promote efficiency and competition in the payments system, and contribute to the overall stability of the financial system.


In a Nutshell



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