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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The Global Financial Environment
20 Oct 2018
FSR
– October 2018
Since forming government, the Eurosceptic rhetoric of the two parties has softened but the government has proposed to include expansionary fiscal measures in its 2019 budget, which will increase its budget ... Graph 1.16. Recently there has been some
https://www.rba.gov.au/publications/fsr/2018/oct/global-fin-env.html
The Global Financial Environment
10 Mar 2013
FSR
– March 2013
Even though sentiment has improved, the euro area still faces significant challenges to its stability from fiscal and banking sector problems. ... In the United Kingdom, however, fiscal tightening has been quite extensive and this might have had a
https://www.rba.gov.au/publications/fsr/2013/mar/global-fin-env.html
The Global Financial Environment
20 Apr 2016
FSR
– April 2016
fiscal position. ... There is usually limited transparency on SWFs' asset holdings and investment strategies, and some SWFs may have large and concentrated positions in less liquid markets (because of their typically long investment
https://www.rba.gov.au/publications/fsr/2016/apr/global-fin-env.html
The Global Financial Environment
10 Mar 2014
FSR
– March 2014
The exercise is aimed at fostering confidence in euro area banks through improved transparency, and by encouraging balance sheet repair. ... These developments have the potential to slow progress on unpopular structural reform measures aimed at restoring
https://www.rba.gov.au/publications/fsr/2014/mar/global-fin-env.html
The Global Financial Environment
10 Mar 2011
FSR
– March 2011
This is particularly the case in some European countries, such as Ireland, Greece, Portugal and Spain, where the interaction of weak economic growth, fiscal strains and bank exposures to troubled property ... More recently, in response to ongoing market
https://www.rba.gov.au/publications/fsr/2011/mar/global-fin-env.html
The Global Financial Environment
10 Mar 2015
FSR
– March 2015
In the longer term, reform efforts could stall both in Greece and in other euro area countries, while overly restrictive fiscal policy could further impede growth prospects in Greece and hamper ... The exercise included an asset quality review designed
https://www.rba.gov.au/publications/fsr/2015/mar/global-fin-env.html
The Global Financial Environment
10 Sep 2008
FSR
– September 2008
In particular, the US economy continued to expand during this period, reflecting strength in business investment, the fiscal stimulus and strong exports due, in part, to the depreciation of the US ... increasing the transparency of banks' balance sheets
https://www.rba.gov.au/publications/fsr/2008/sep/global-fin-env.html
At a Glance: Financial Stability Review – October 2020
9 Oct 2020
FSR
Despite the sharp decline in output and falling employment in Australia in the first half of the year, overall household income increased with large fiscal stimulus payments.
https://www.rba.gov.au/publications/fsr/2020/oct/
Resilience of Australian Households and Businesses
6 Oct 2023
FSR
– October 2023
Resilience of Australian Households and Businesses | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/household-business-finances-in-australia.html
Household and Business Finances
8 Apr 2022
FSR
– April 2022
Business revenue has increased and household incomes have been supported by strong employment growth as fiscal assistance has tapered off. ... The recent strength in employment is likely to have offset the unwinding in fiscal policy support for most
https://www.rba.gov.au/publications/fsr/2022/apr/household-business-finances.html