Final Report
The Committee tabled its report Review of the Reserve Bank of Australia
Annual Report 1997-98 on 23 August 1999. Copies of the sections of
the report in PDF format follow and copies of the full report are available
from the Committee Secretariat.
(To view or print the PDF document, you will require the Acrobat PDF
Reader, which can be downloaded free of charge from Adobe.®)
Media releases
Government response: June 2000 (PDF 147KB)
Interim Report
Table of contents of report:
Review of the Reserve Bank of Australia Annual Report 1997-98
FRONT SECTION (PDF format 30KB) (This document
contains the sections of the report from Foreword to List of abbreviations)
FOREWORD
MEMBERSHIP OF THE COMMITTEE
TERMS OF REFERENCE
LIST OF ABBREVIATIONS
- CHAPTER 1 INTRODUCTION
(PDF format 18KB)
Background
- Scope and conduct of the review
- CHAPTER 2 CONDUCT
OF MONETARY POLICY (PDF format 62KB)
Review of forecasts presented in December 1998
- Reasons for Australia's economic success
- Australian economy passes the Asian crisis stress test
- Australia's links with the US business cycle
- Impacts of tax reform and the GST
- Business investment
- The household saving ratio
- Recommendation
- Employment
- The current account deficit
- The exchange rate
- Hedge funds
- Inflation forecasting and targeting
- Prospects for the rest of 1999 and 2000
- CHAPTER 3 FINANCIAL SYSTEM STABILITY
(PDF format 29KB)
Year 2000 problem (Y2K)
- The regulatory framework
- The payments system
- Transparency
- CHAPTER 4 BANK FEES AND PROFITS (PDF
format 35KB)
Introduction
- Margins and fees
- Bank profits
- Conclusion
APPENDIX A - LIST OF SUBMISSIONS (PDF format
9KB)
APPENDIX B - LIST OF HEARINGS AND WITNESSES
(PDF format 13KB)
(A copy of the public hearing transcripts are available in PDF
format or from the Committee Secretariat)
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