aerial view of green trees and brown field during daytime

Understanding the RBA Interest Rates: A Comprehensive Guide to Australia’s Cash Rate

Introduction to the RBA and Its Role The Reserve Bank of Australia (RBA) stands as the cornerstone of Australia’s financial system, serving as the nation’s central bank. Established in 1960, the RBA is tasked with a multifaceted mandate aimed at ensuring the economic and financial well-being of the country. Its primary objectives are threefold: maintaining …