Reserve Bank of Australia - Annual Report 2007
Glenn Stevens, the governor of the Reserve Bank of Australia, presented his first annual report on Wednesday.
Stevens, who took over from Ian Macfarlane in September 2006, said that the central bank had increased its staff over the last two years in order to provide new services and to improve payment systems.
The Reserve Bank upgraded its main high-value payments system, RITS, and introduced a new program of incentives for note sorting by banks and armoured car companies in order to improve the
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