Search: fiscal transparency
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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The Real Effects of Debt Covenants: Evidence from Australia
25 Oct 2022
RDP
2022-05
As discussed earlier, this could be due to the trend towards greater transparency in corporate reporting or an increase in the usage of covenants in debt contracts (or both).
https://www.rba.gov.au/publications/rdp/2022/2022-05/full.html
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International Economic Developments
10 May 2013
SMP
– May 2013
In April, the Korean Government announced fiscal stimulus measures aimed at job creation. ... Growth was stronger in spite of cuts in government spending implemented to meet fiscal targets.
https://www.rba.gov.au/publications/smp/2013/may/intl-eco-dev.html
7 September 2021 | Minutes of the Monetary Policy Meeting of the Board
7 Sep 2021
Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 September 2021
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2021/2021-09-07.html
The Global Financial Environment
9 Oct 2020
FSR
– October 2020
The stock of off-balance sheet borrowing by local governments, which lacks transparency, also remains significant. ... The central banks of Indonesia and the Philippines have provided direct financing to their governments to support fiscal packages.
https://www.rba.gov.au/publications/fsr/2020/oct/global-financial-environment.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
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 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
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