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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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Statement on the Conduct of Monetary Policy – July 2003

9 Mar 2023
Statement recording the common understanding of the Governor, as Chairman of the Reserve Bank Board and the Government on key aspects of Australia's monetary policy framework
https://www.rba.gov.au/monetary-policy/framework/stmt-conduct-mp-2-072003.html

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

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

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

Statement on the Conduct of Monetary Policy – 30 September 2010

9 Mar 2023
Statement recording the common understanding of the Governor, as Chairman of the Reserve Bank Board and the Government on key aspects of Australia's monetary policy framework
https://www.rba.gov.au/monetary-policy/framework/stmt-conduct-mp-5-30092010.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

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

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

Evolving Bank and Systemic Risk

16 Dec 2021 Speech
Jonathan Kearns
Speech delivered by Jonathan Kearns, Head of Financial Stability, to the 34th Australasian Finance and Banking Conference, Online
https://www.rba.gov.au/speeches/2021/sp-so-2021-12-16.html