Parliament of Australia:Senate:Committees:Economics Committee:Reserve Bank Amendment (Enhanced Independence) Bill 2008

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Reserve Bank Amendment (Enhanced Independence) Bill 2008

11 June 2008

View the report as a single document - (PDF 302KB)

View the report as separate downloadable parts:


Membership of Committee	(PDF 18KB)

Chapter 1 - Introduction	(PDF 16KB)
Background Conduct of the inquiry Structure of the report

Chapter 2 - Central bank independence	(PDF 131KB)
Background Empirical studies of the impact of central bank independence Overseas practice in appointment and dismissal of governors The reality and perception of central bank independence Cross-party support for central bank independence

Chapter 3 - Provisions of the bill	(PDF 76KB)
Appointment procedures Dismissal provisions Comparison with dismissal provisions for other officeholders The 'good behaviour' provisions The 'override' provisions Is the bill necessary given the current independence of the Reserve Bank? Does the bill go far enough? Increasing accountability of the Reserve Bank

Conclusions and recommendations	(PDF 23KB)

Coalition Senators’ Dissenting Report	(PDF 80KB)
Introduction Misbehaviour Submissions and Testimony The Treasury Saul Eslake Stephen Bell Steve Keen Sinclair Davidson Discussion Conclusion Attachment A Appointment and Termination of Selected Statutory Office Holders

Additional Remarks: Senator Andrew Murray	(PDF 22KB)

Appendix 1 - Submissions Received	(PDF 10KB)

Appendix 2 - Public Hearing and Witnesses	(PDF 10KB)

For further information, contact:

Committee Secretary
Senate Standing Committee on Economics
PO Box 6100
Parliament House
Canberra ACT 2600
Australia

Phone: +61 2 6277 3540

Fax: +61 2 6277 5719

Email: economics.sen@aph.gov.au