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When using a cryptocurrency, you interact with a system like the blockchain, an online ledger that records transactions, directly. Bitcoin, is an examples of this. www.shutterstock.com

Why the RBA would want to create a digital Australian dollar

A digital Australian dollar could remove the role of middlemen and creates a cheaper electronic currency system, while at the same time enabling the government to fully regulate the system.
Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right. Dan Peled/AAP

Vital Signs: the RBA’s still longing for Goldilocks growth

This week’s strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
The basic art for the new Australian five dollar note, to be released in September, is creating controversy. Reserve Bank of Australia/AAP

Our punk, jarring five dollar note: so bad it’s good or just bad?

The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?

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