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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Payments System Board Update: November 2021 Meeting
19 Nov 2021
Media Releases
At its meeting today, the Payments System Board discussed the Bank's Review of Banknote Distribution Arrangements, recent government reviews and inquiries dealing with payments issues, disclosure of new reliability statistics by retail payments
https://www.rba.gov.au/media-releases/2021/mr-21-27.html
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements
2 Sep 2021
Media Releases
BIS Innovation Hub and central banks of Australia, Malaysia, Singapore and South Africa will test CBDCs for international settlements. Project Dunbar will develop prototypes for shared platforms that will enable international settlements with
https://www.rba.gov.au/media-releases/2021/mr-21-18.html
Payments System Board Update: February 2024 Meeting
29 Feb 2024
Media Releases
Today’s Payments System Board meeting discussed the annual review of payment systems operating in Australia, the Advanced Encryption Standard (AES) migration, FMI regulatory reforms, payments regulatory reform, policy issues regarding mobile
https://www.rba.gov.au/media-releases/2024/mr-24-03.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Nov 2020
Media Releases
Given the outlook for both employment and inflation, monetary and fiscal support will be required for some time.
https://www.rba.gov.au/media-releases/2020/mr-20-28.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
7 Sep 2010
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 4.5 per cent
https://www.rba.gov.au/media-releases/2010/mr-10-20.html
Statement by Glenn Stevens, Governor: Monetary Policy Decision
5 Feb 2013
Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 3.0 per cent
https://www.rba.gov.au/media-releases/2013/mr-13-01.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Sep 2021
Media Releases
The fiscal responses by the Australian Government and the state and territory governments are also providing welcome assistance in supporting household and business balance sheets.
https://www.rba.gov.au/media-releases/2021/mr-21-19.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
3 Aug 2021
Media Releases
The recent fiscal responses by the Australian Government and the state and territory governments are also providing welcome support to the economy at a time of significant short-term disruption.
https://www.rba.gov.au/media-releases/2021/mr-21-14.html
Statement by the Governor, Mr Ian Macfarlane: Press Reporting of Comments Made in Brisbane
11 Aug 2000
Media Releases
Clarification of comments made by the Governor on interest rates and the Government's fiscal policy
https://www.rba.gov.au/media-releases/2000/mr-00-14.html
Statement by Philip Lowe, Governor: Monetary Policy Decision
7 Apr 2020
Media Releases
At its meeting today, the Board reaffirmed the targets for the cash rate and the yield on 3-year Australian government bonds of 25 basis points, as well as the other elements of the package announced on 19 March 2020.
https://www.rba.gov.au/media-releases/2020/mr-20-11.html