Review of the Reserve Bank of Australia annual report 1999-2000

Terms of reference

The Standing Committee on Economics, Finance and Public Administration is empowered to inquire into and report on any matter referred to it by either the House or a Minister including any pre-legislation proposal, bill, motion, petition, vote or expenditure, other financial matter, report or paper.

Annual reports of government departments and authorities tabled in the House shall stand referred to the relevant committee for any inquiry the committee may wish to make. Reports shall stand referred to committees in accordance with a schedule tabled by the Speaker to record the areas of responsibility of each committee.

In addition, in August 1996 the Treasurer and the Governor of the Reserve Bank of Australia (RBA) agreed that the Governor appear before the Committee twice each year to report on the conduct of monetary policy. This was described by the Treasurer as a means of enhancing the RBA's transparency and accountability. Prior to each of those public hearings the RBA will table one of its quarterly Statements on monetary policy.

Submissions

Schedule of public hearings

• Friday 11 May 2001, Melbourne, Parliament House, Legislative Council Chamber
  (This a Centenary of Federation Event)
• Friday 1 December 2000, Wagga Wagga

Transcripts of public hearings

• 11 May 2001 (PDF format)
• 1 December 2000 (PDF format)

Media releases

• 25 June 2001 (PDF format) Reserve Bank told to 'get its act together on bank fees'
• 9 May 2001 (PDF format) Reserve Bank to account for its decisions
• 9 May 2001 (PDF format) What would YOU ask the Reserve Bank Governor?
• 7 May 2001 (PDF format) Committee welcomes release of Reserve Bank Statement on Monetary Policy
• 3 May 2001 (PDF format) and seating plan (PDF format) House Economics Committee - Reserve Bank hearing - Media information
• 5 March 2001 Regions must be included in CPI price measurement
• 28 November 2000 Reserve Bank questioned in regional Australia
• 5 September 2000 Reserve Bank leads charge on branch closures - (Five out of seven gone)

Reports

• The Centenary of Federation Hearing: Review of the Reserve Bank of Australia Annual Report 1999-2000 Final Report (Tabled 25 June 2001)
• Review of the Reserve Bank of Australia annual report 1999-00 Interim Report: the Wagga Wagga hearing (Tabled 26 February 2001)

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