[The Australian Central Bank will prioritize the development of CBDC for institutions] Golden Finance reported that the Reserve Bank of Australia (RBA) issued a strategic statement announcing that it would prioritize the research and development of wholesale central bank digital currencies (CBDC), while suspending the retail version of CBDC plans. Brad Jones, assistant president of RBA financial systems, pointed out in the statement that compared with the retail version of CBDC, wholesale CBDC shows more significant potential benefits and faces relatively few challenges. The RBA and Treasury will also conduct some form of public engagement on a retail CBDC in 2025, with further research and experimentation in the coming years. The RBA and Treasury will release further documents in 2027 that will examine the merits and potential forms of a retail CBDC.