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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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Glossary

2 May 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Statement on the Conduct of Monetary Policy – 24 October 2013

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-6-24102013.html

Statement on the Conduct of Monetary Policy – 14 August 1996

9 Mar 2023
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/monetary-policy/framework/stmt-conduct-mp-1-14081996.html

Statement on the Conduct of Monetary Policy – 18 September 2006

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-3-18092006.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

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

Statement on the Conduct of Monetary Policy – 19 September 2016

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-7-2016-09-19.html

Modelling Countercyclical Fiscal Policy

10 Dec 2014 RDP 2014-02
Peter Tulip
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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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

Statement on the Conduct of Monetary Policy – 6 December 2007

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-4-06122007.html