No. Member Question Hansard page
and Hearing date or
Written questions


(Publication date)

RBA01QW van Manen How does the RBA take into account the personal and social cost resulting from potential higher rates of unemployment / underemployment resulting from its focus on inflation rather than ensuring unemployment / under employment is minimised through its policy settings? Written
Responses to questions 1 – 4

(10 October 2022)
van Manen
Is the characterisation by the RBA of a higher-than-normal savings rate in fact incorrect, as the present rate of approximately 14 per cent is similar to the rate in the 60s, 70s and 80s? So why is the RBA concerned about a return to historical saving ratios?
van Manen
Why does the RBA believe that it is prudent for households to rundown savings and incur further debt at a higher cost when we already have record levels of private household debt?
van Manen

Australian Government Bonds

Please advise:

a. The total value of Australian Government bonds on issue?

b. The total value of Australian Government bonds held by the RBA?

c. How the RBA accounts for Australian Government Bonds at maturity?


Committee Secretariat contact:

Committee Secretary
Standing Committee on Economics
PO Box 6021
Parliament House
Canberra ACT 2600

Phone: (02) 6277 4587

About this inquiry

The Standing Committee on Economics, which can inquire into and report on any annual reports referred to it by the House of Representatives, has agreed to undertake an inquiry into the 2021 Annual Report of the Reserve Bank of Australia.

Past Public Hearings

16 Sep 2022: Canberra


Inquiry Status

Report tabled


If you require any special arrangements to enable you to participate in the Committee's inquiry, please contact the Committee Secretariat.

Further information regarding accessibility can be found at