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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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Annual Performance Statement for 2019/20

12 Apr 2020 RBA Annual Report – 2020
In 2019/20, the Bank:. promoted competition in the market for card payment services through least-cost routing and transparency in merchant pricing. ... On the other hand, many advanced economies were being supported by unprecedented fiscal stimulus and
https://www.rba.gov.au/publications/annual-reports/rba/2020/annual-performance-statement.html

Communication and Community Engagement

12 Apr 2020 RBA Annual Report – 2020
These speeches, the associated question and answer sessions and panel discussions were published on the Bank's website as both audio and text to facilitate transparency and accessibility. ... Summary messages from liaison about the impact of the pandemic
https://www.rba.gov.au/publications/annual-reports/rba/2020/communication-and-community-engagement.html

3 March 2020 | Minutes of the Monetary Policy Meeting of the Board

17 Mar 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 3 March 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-03-03.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

The Institutional Design Framework for Monetary Policy

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Accountability and transparency – the central bank is held accountable by lawmakers for meeting these monetary policy objectives. ... As discussed below, the mechanisms for transparency are more similar than those for accountability per se.
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-institutional-design-framework-for-monetary-policy.html
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The Global Financial Environment

4 Oct 2019 FSR – October 2019
The downside risks to growth are amplified by the limited global capacity for further counter-cyclical fiscal and monetary stimulus in many economies, given high sovereign debt and already low policy ... Italian sovereign spreads spiked in mid 2018 and
https://www.rba.gov.au/publications/fsr/2019/oct/global-financial-environment.html

Panel participation by Philip Lowe, Governor, at the Jackson Hole Symposium, Wyoming, USA

25 Aug 2019 Speech
Philip Lowe
Panel participation by Philip Lowe, Governor, at the Jackson Hole Symposium, Wyoming, USA
https://www.rba.gov.au/speeches/2019/sp-gov-2019-08-25.html

Opening Statement to the House of Representatives Standing Committee on Economics

9 Aug 2019 Speech
Philip Lowe
Speech delivered by Philip Lowe, Governor, , Canberra
https://www.rba.gov.au/speeches/2019/sp-gov-2019-08-09.html

China's Local Government Bond Market

20 Jun 2019 Bulletin – June 2019
Alex Holmes and David Lancaster
China's local government bond market is a key source of financing for local governments, particularly to fund infrastructure investment.
https://www.rba.gov.au/publications/bulletin/2019/jun/chinas-local-government-bond-market.html

The Global Financial Environment

12 Apr 2019 FSR – April 2019
To support growth in economic activity, Chinese authorities have responded with some targeted easing of fiscal and monetary policy. ... Policies have also been implemented in some EMEs to address vulnerabilities, and risks to fiscal positions have eased
https://www.rba.gov.au/publications/fsr/2019/apr/global-financial-environment.html