Committee activities (inquiries and reports)

Review of the Reserve Bank of Australia annual report 1997-98: Interim report

The Committee tabled its report Review of the Reserve Bank of Australia annual report 1997-98: Interim report on 8 March 1999. Copies of the full report are available in PDF format (72KB) or from the Committee Secretariat.

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Media releases

Speeches

Government response: to date there has been no Government response to the Committee's report.

Final Report

Table of contents of report:
Review of the Reserve Bank of Australia annual report 1997-98: Interim report

FOREWORD

MEMBERS OF THE COMMITTEE

TERMS OF REFERENCE

ACRONYMS AND ABBREVIATIONS

CHAPTER ONE: INTRODUCTION

Background

Scope and conduct of the review

CHAPTER TWO: CONDUCT OF MONETARY POLICY AND FINANCIAL SYSTEM STABILITY

Conduct of monetary policy

Review of forecasts presented in May 1998

Australia's success

Australia's links with the US business cycle

International involvements

Hedge funds

Impact of tax reform on the economy

Unemployment

Prospects for 1999

Changing views on monetary policy

Competition, interest rates, margins, fees and charges, and savings

Euro currency

The new division of financial responsibilities

Payments system

Year 2000 problem

Customer services (commercial operations)

Management of the bank: Corporate developments

APPENDIX 1: LIST OF SUBMISSIONS

1 Reserve Bank of Australia (Interest rate implementation lags)

APPENDIX 2: LIST OF EXHIBITS

APPENDIX 3: LIST OF HEARINGS AND WITNESSES ( A copy of the public hearing transcript for the 15 December 1999 is available in PDF format or from the Committee Secretariat)

LIST OF TABLES

Table 2.1: Implementation lags

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