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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Operations in Financial Markets
27 Oct 2022
RBA Annual Report
– October 2022
Since early 2020, the stock of AGS and semis outstanding has increased substantially as the federal, state and territory governments have issued bonds to finance the fiscal response to the ... agreements. Source: RBA. Reflecting the Reserve Banks
https://www.rba.gov.au/publications/annual-reports/rba/2022/operations-in-financial-markets.html
Governance and Accountability
27 Oct 2022
RBA Annual Report
– October 2022
The Reserve Bank seeks to ensure a high degree of transparency about its goals, activities and the basis of its policy decisions. ... Transparency facilitates the Banks accountability and increases the effectiveness of policy decisions by promoting a
https://www.rba.gov.au/publications/annual-reports/rba/2022/governance-and-accountability.html
The Global Financial Environment
8 Apr 2022
FSR
– April 2022
case in economies with large fiscal deficits, high levels of debt and a heavy dependence on external financing. ... There is also a chance that a run on one stablecoin would precipitate a run on other stablecoins given the lack of transparency and
https://www.rba.gov.au/publications/fsr/2022/apr/global-financial-environment.html
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
See 2 more results from "RDP 2022-05"
The Real Effects of Debt Covenants: Evidence from Australia
24 Oct 2022
RDP
PDF
1647KB
As discussed. earlier, this could be due to the trend towards greater transparency in corporate reporting or an.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-05.pdf
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
Financial Stability Review
15 Nov 2023
FSR
- October 2023
PDF
4631KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/financial-stability-review-2023-10.pdf
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
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