在澳大利亚储备银行(RBA)发挥了重要作用之后，澳元出现了大幅反弹，这对加强澳大利亚经济起到了重要作用。由于澳大利亚央行的干预，澳大利亚的信贷和货币市场也出现了显著增长。这对澳大利亚银行体系的改善产生了影响。由于澳大利亚央行采取了有效的货币和财政对策，对澳大利亚的银行产生了影响。货币政策的改变使得把贷款资金轻松地拨给不同的企业和家庭，这进一步有助于加强国家的经济。为了增加整体流动性，外汇市场进一步增强(Xu et al.， 2011)。
The Reverse Bank of Australia had played a considerable role during the financial crises. The role of Reserve Bank of Australia is significant for doing the proper implementation of the financial systems and for the purpose of monitoring of the policies and overall financial stability of the system. The role of Reserve Bank of Australia proved to be much more significant and ensured that there should be a proper enhancement of the liquidity in Australia. The Reserve Bank had taken a number of steps in order to ensure that there is maintenance of the financial stability in Australia.
The RBA ensured that the liquidity should be provided to the different financial institutions within the given time so that they cannot become dysfunctional. The Reserve Bank played a pivotal role in decreasing the official cash rate from 7.25 per cent to around 6 per cent. This further reduced in the following months. In the small time frame of only five months, the cash rate had been reduced to around 4 percentage points.
After the significant role played by RBA (Reserve Bank of Australia), there had been a large recovery of the Australian Dollar, which proved to be significant in strengthening the economy of Australia. As a result of intervention of RBA, the credit and the money markets in Australia also observed a significant growth. This has an impact on the improvement in the Australian Banking System. Because of the effective monetary and fiscal response from RBA, there had been an impact on the Australian Banks. The change in the monetary policy allowed the ease in passing the funds for loans to the different business and the household which further helped in strengthening of the economy of the nation. There was further enhancement in the foreign exchange market for the purpose of increasing the overall liquidity (Xu et al., 2011).
It can be clearly stated that the timely action of RBA helped in the control of the global financial crises in an effective manner. The monetary and fiscal stimulus which had been maintained in Australia had played an important role in supporting the entire economy of Australia. Because of the impact of RBA (Reserve Bank of Australia), the different institutions of Australia entered in the crises with the lower exposure to some of the high risk assets.