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RBA Glossary definition for fiscal transparency

fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.

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Governance Arrangements for Effective Public Financial Policies: A Central Banker's Perspective

19 Oct 2005 Speech
Glenn Stevens
Speech by Glenn Stevens to the the APEC Business Advisory Council, the Asian Bankers' Association and the Pacific Economic Co-operation Council Symposium on Promoting Good Corporate Governance and Transparency in APEC Financial Institutions,
https://www.rba.gov.au/speeches/2005/sp-dg-191005.html

Developments in the Financial System Infrastructure

10 Mar 2005 FSR – March 2005
The IMF currently recognises 12 such standards relating to accounting, auditing, anti-money laundering and combating the financing of terrorism, banking supervision, corporate governance, data dissemination, fiscal transparency, insolvency and
https://www.rba.gov.au/publications/fsr/2005/mar/dev-fin-sys-infra.html

The Global Financial Environment

20 Oct 2017 FSR – October 2017
The lack of transparency also increases contagion risk, as banks are more likely to withdraw from interbank markets when uncertainty about other banks' solvency is high. ... Backed by strong political support, regulators have announced a range of
https://www.rba.gov.au/publications/fsr/2017/oct/global-fin-env.html

The Changing Nature of Economic Crises

4 Dec 1997 Speech
Ian Macfarlane
Speech by Ian Macfarlane to Australian Business Economists 13th Annual Forecasting Conference Dinner, Sydney
https://www.rba.gov.au/speeches/1997/sp-gov-041297.html

3 March 2020 | Minutes of the Monetary Policy Meeting of the Board

17 Mar 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 March 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-03-03.html

Operations in Financial Markets

21 Oct 2021 RBA Annual Report – 2021
In 2020, the stock of AGS and semis outstanding increased substantially as the federal, state and territory governments issued bonds to finance the fiscal response to the COVID-19 pandemic. ... Source: RBA. Reflecting the Reserve Bank's interest in
https://www.rba.gov.au/publications/annual-reports/rba/2021/operations-in-financial-markets.html

Price Stability, the Supply Side and Prosperity

22 Nov 2022 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, CEDA Annual Dinner Address, Melbourne
https://www.rba.gov.au/speeches/2022/sp-gov-2022-11-22.html

Universidad De Chile Conference on Central Bank Independence, Mandates and Policies

22 Oct 2021 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, Panel Remarks, Webinar
https://www.rba.gov.au/speeches/2021/sp-gov-2021-10-22.html

Statement on Monetary Policy

10 Aug 2002 Bulletin – August 2002
Fiscal policy in some countries has limited room for manoeuvre, as current budget positions are close to, or above the constraints set by the Stability and Growth Pact. ... The overall impact of fiscal policy across the region in 2002 is broadly neutral.
https://www.rba.gov.au/publications/bulletin/2002/aug/1.html

Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
well be to set tight fiscal policy but loose monetary policy (see Kohn (2017) on this point). ... Differences in objectives also drive many results concerning fiscal and monetary policy coordination.
https://www.rba.gov.au/publications/confs/2018/broadbent.html