About this inquiry
The RBA Governor’s appearance before the committee at biannual public hearings are an important element of the Bank’s accountability framework. The details of the framework are set out in the Statement on the Conduct of Monetary Policy agreed between the Treasurer and the RBA Governor.
In addition, the committee has the power, under Standing Order 215(c), to inquire into the annual reports of departments and authorities within its areas of responsibility, as set out in the schedule presented by the Speaker.