Role and Functions

Our job here at the Reserve Bank is to serve the community.
Governor Michele Bullock explains our role and responsibilities as they relate to our duty to promote the economic prosperity and welfare of the people of Australia, both now and into the future. We do this in many ways, including by setting monetary policy to maintain price stability and full employment, by contributing to the efficiency and stability of the payments system and the stability of the financial system, and by banking the Australian Government and providing the nation’s banknotes.