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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Boxes
31 Dec 2020
SMP
– 2020
A number of Boxes on topics of special interest are published in the Statement on Monetary Policy and its forerunners, the Semi-Annual Statement on Monetary Policy and the quarterly reports on the Economy and Financial Markets. These boxes can be
https://www.rba.gov.au/publications/smp/2020/boxes.html
The International Environment
27 Nov 2018
SMP
– November 2018
Growth in the United States is expected to be well above potential, partly because of the substantial fiscal stimulus. ... firms. Graph 1.19. The government also remains committed to broadening fiscal support for growth.
https://www.rba.gov.au/publications/smp/2018/nov/the-international-environment.html
Overview
27 Nov 2018
SMP
– November 2018
Rising trade tensions are expected to weigh a little on growth in the United States and a few economies in east Asia, but the US fiscal stimulus and still-accommodative monetary ... Conditions in the industrial sector, in particular, have weakened. Some
https://www.rba.gov.au/publications/smp/2018/nov/overview.html
International Economic Developments
10 May 2013
SMP
– May 2013
In April, the Korean Government announced fiscal stimulus measures aimed at job creation. ... Growth was stronger in spite of cuts in government spending implemented to meet fiscal targets.
https://www.rba.gov.au/publications/smp/2013/may/intl-eco-dev.html
Economic Outlook
10 May 2015
SMP
– May 2015
An anticipated pick-up in infrastructure investment, together with more accommodative monetary and fiscal policies and the positive impact of low oil prices, should provide some offsetting support for aggregate demand ... The Japanese economy is expected
https://www.rba.gov.au/publications/smp/2015/may/eco-outlook.html
The International Environment
10 Aug 2018
SMP
– August 2018
tax. Fiscal policy and accommodative monetary policy are expected to continue supporting growth in the euro area. ... growth. The central authorities have moved to ease fiscal policy in a targeted fashion.
https://www.rba.gov.au/publications/smp/2018/aug/the-international-environment.html
Box A: The Recent Economic Slowdown in India
6 Feb 2020
SMP
– February 2020
Growth in government expenditure declined as the government sought to meet its fiscal deficit targets. ... This reform is intended to improve transparency around loan pricing and to increase the extent to which lending rates are influenced by policy rates
https://www.rba.gov.au/publications/smp/2020/feb/box-a-the-recent-economic-slowdown-in-india.html
International and Foreign Exchange Markets
10 May 2009
SMP
– May 2009
There have also been significant changes to the contract standards and trading conventions for CDS in an effort to enhance transparency and liquidity in the market. ... Equities in these economies have been broadly supported by fiscal stimulus plans, at
https://www.rba.gov.au/publications/smp/2009/may/intl-fx-mkts.html
Domestic Financial Markets
10 Nov 2012
SMP
– November 2012
Following the release of the Australian Government's Mid-Year Economic and Fiscal Outlook in late October, the Australian Office of Financial Management (AOFM) announced that it would extend the average ... In addition to assisting the Bank to more
https://www.rba.gov.au/publications/smp/2012/nov/dom-fin-mkts.html
Box B: Greater Transparency about Our Forecasts and Assumptions
6 Feb 2024
SMP
– February 2024
Box B: Greater Transparency About Our Forecasts and Assumptions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/box-b-greater-transparency-about-our-forecasts-and-assumptions.html