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 RBA's Role in Processing the Fiscal Stimulus Payments
10 Aug 2009
Bulletin
– August 2009
Bulletin – August 2009 The RBA's Role in Processing the Fiscal Stimulus Payments. ... As part of its fiscal stimulus package, the Australian Government has made payments to individuals totalling around $20 billion since late last year.
https://www.rba.gov.au/publications/bulletin/2009/aug/1.html
Modelling Countercyclical Fiscal Policy
10 Dec 2014
RDP
2014-02
RDP 2014-02: Fiscal Policy and the Inflation Target 3. Modelling Countercyclical Fiscal Policy. ... The role of a policy reaction function (whether fiscal or monetary) is sometimes misunderstood.
https://www.rba.gov.au/publications/rdp/2014/2014-02/modelling-countercyclical-fiscal-policy.html
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Recent Changes in IMF Lending
10 Dec 2011
Bulletin
– December 2011
Fiscal conditions have also been prominent in most programs in our sample, with the exception of the Asian crisis programs. ... The fiscal conditions in these arrangements have been quite varied, although tax recovery, expenditure monitoring and control,
https://www.rba.gov.au/publications/bulletin/2011/dec/8.html
China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
Accountability and transparency – the central bank is held accountable by lawmakers for meeting these monetary policy objectives. ... As discussed below, the mechanisms for transparency are more similar than those for accountability per se.
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
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Fiscal Policy and the Inflation Target
4 Feb 2015
RDP
PDF
847KB
5. The Effect of Fiscal Stimulus 18. 6. Lessons of the Crisis 23. ... The idea that fiscal activism might lower the inflation target is not new.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-02.pdf
2.2 Operations in Financial Markets
19 Oct 2023
RBA Annual Report
– October 2023
Operations in Financial Markets | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/operations-in-financial-markets.html
China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
PDF
1923KB
monetary, macroprudential, fiscal and industrial policies are jointly co-determined under the auspices. ... institutional set-up, increased focus on the management of expectations via increased transparency.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
Recent Changes in IMF Lending
15 Dec 2011
Bulletin
PDF
1742KB
Reserve Bank of Australia December Bulletin 2011
https://www.rba.gov.au/publications/bulletin/2011/dec/pdf/bu-1211-8.pdf
Statement on the Conduct of Monetary Policy
30 Jun 1997
RBA Annual Report
– 1997
objectives of monetary policy, the mechanisms for ensuring transparency and accountability in the way policy is conducted, and the independence of the Bank. ... For its part the Government indicates again that it endorses the Bank's objective and
https://www.rba.gov.au/publications/annual-reports/rba/1997/state-conduct.html
Bulletin June Quarter 2023
29 Sep 2023
Bulletin
- June 2023
PDF
7089KB
https://www.rba.gov.au/publications/bulletin/2023/jun/pdf/bulletin-2023-06.pdf