House of Representatives Committees

Standing Committee on Economics, Finance and Public Administration

Committee activities (inquiries and reports)

Review of the Reserve Bank of Australia Annual Report 1997-98

Final Report

The Committee tabled its report Review of the Reserve Bank of Australia Annual Report 1997-98 on 23 August 1999. Copies of the sections of the report in PDF format follow and copies of the full report are available from the Committee Secretariat.

(To view or print the PDF document, you will require the Acrobat PDF Reader, which can be downloaded free of charge from Adobe)

Media releases

Government response: June 2000 (PDF 147KB)

Interim Report

 

Table of contents of report:
Review of the Reserve Bank of Australia Annual Report 1997-98

FRONT SECTION (PDF format 30KB) (This document contains the sections of the report from Foreword to List of abbreviations)

FOREWORD

MEMBERSHIP OF THE COMMITTEE

TERMS OF REFERENCE

LIST OF ABBREVIATIONS

CHAPTER 1 INTRODUCTION (PDF format 18KB)

Background
Scope and conduct of the review

CHAPTER 2 CONDUCT OF MONETARY POLICY (PDF format 62KB)

Review of forecasts presented in December 1998
Reasons for Australia's economic success
Australian economy passes the Asian crisis stress test
Australia's links with the US business cycle
Impacts of tax reform and the GST
Business investment
The household saving ratio
Recommendation
Employment
The current account deficit
The exchange rate
Hedge funds
Inflation forecasting and targeting
Prospects for the rest of 1999 and 2000
CHAPTER 3 FINANCIAL SYSTEM STABILITY (PDF format 29KB)

Year 2000 problem (Y2K)
The regulatory framework
The payments system
Transparency
CHAPTER 4 BANK FEES AND PROFITS (PDF format 35KB)

Introduction
Margins and fees
Bank profits
Conclusion
APPENDIX A - LIST OF SUBMISSIONS (PDF format 9KB)

APPENDIX B - LIST OF HEARINGS AND WITNESSES (PDF format 13KB)

(A copy of the public hearing transcripts are available in PDF format or from the Committee Secretariat)

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