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.
Search Results
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
See 12 more results from "RDP 2014-02"
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
See 10 more results from "RDP 2019-11"
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
The Global Financial Environment
8 Apr 2021
FSR
– April 2021
Deposits have increased given fiscal stimulus payments to households and businesses, reduced opportunities for spending and increased caution. ... Local governments' use of bonds instead of off-balance sheet entities has increased transparency, but the
https://www.rba.gov.au/publications/fsr/2021/apr/global-financial-environment.html
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
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
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
Overview
9 Oct 2020
FSR
– October 2020
could be particularly large given weaker health systems and so health outcomes and less space for fiscal stimulus. ... It is, though, important that there is transparency around loan performance and that borrowers engage with their bank and resume
https://www.rba.gov.au/publications/fsr/2020/oct/overview.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
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