Search: fiscal transparency

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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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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

Statement by Philip Lowe, Governor: Monetary Policy Decision

4 May 2021 Media Releases
At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond, as well as the parameters of the Term Funding
https://www.rba.gov.au/media-releases/2021/mr-21-06.html

Statement by Glenn Stevens, Governor: Monetary Policy

3 Mar 2009 Media Releases
Announcement that the Board decided to leave the cash rate unchanged at 3.25 per cent
https://www.rba.gov.au/media-releases/2009/mr-09-05.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 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

RBA Economics Competition-2009

4 May 2009 Media Releases
The RBA launches its annual Economics Competition for university students in conjunction with the UNSW Economics Society
https://www.rba.gov.au/media-releases/2009/mr-09-07.html

Promoting Competition in the Debit Card Market

21 Jun 2023 Media Releases
Mastercard and Visa have each given undertakings to the Reserve Bank that they will not engage in ‘tying conduct’ involving their debit and credit card products.
https://www.rba.gov.au/media-releases/2023/mr-23-15.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

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 Glenn Stevens, Monetary Policy

5 May 2009 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/2009/mr-09-08.html