| House of Representatives Standing Committee on Economics

Footnotes

Chapter 1 Introduction

[1]       RBA, Fourth Statement on the Conduct of Monetary Policy, December 2007.

[2]       See: <www.aph.gov.au/economics>

[3]       See: <http://www.rba.gov.au>

Chapter 2 Monetary policy and other issues

[1]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 1.

[2]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 2.

[3]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 2.

[4]       RBA, Statement on Monetary Policy, 6 February 2009, p. 1.

[5]       RBA, Statement on Monetary Policy, 6 February 2009, p. 5.

[6]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 3.

[7]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 30.

[8]       Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 3.

[9]       RBA, Statement on Monetary Policy, 6 February 2009, p. 39.

[10]     RBA, Statement on Monetary Policy, 6 February 2009, p. 2.

[11]     International Monetary Fund, World Economic Outlook Update, 28 January 2009, p. 1.

[12]     International Monetary Fund, World Economic Outlook Update, 28 January 2009, p. 1.

[13]     International Monetary Fund, World Economic Outlook Update, 28 January 2009, p. 1.

[14]     International Monetary Fund, World Economic Outlook Update, 28 January 2009, p. 3.

[15]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 2.

[16]     RBA, Statement on Monetary Policy, 6 February 2009, pp. 64-65.

[17]     RBA, Statement on Monetary Policy, 6 February 2009, p. 65.

[18]     RBA, Statement on Monetary Policy, 6 February 2009, p. 66.

[19]     RBA, Statement on Monetary Policy, 6 February 2009, p. 67.

[20]     RBA, Statement on Monetary Policy, 6 February 2009, p. 67.

[21]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, pp. 10-11.

[22]     RBA, Fourth Statement on the Conduct of Monetary Policy, December 2007.

[23]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 5.

[24]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 6.

[25]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 7.

[26]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 7.

[27]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 11.

[28]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 23.

[29]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 24.

[30]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 24.

[31]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 11.

[32]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 12.

[33]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 12.

[34]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, pp. 17-18.

[35]     Mr R Battellino, Deputy Governor of the RBA, Transcript, 20 February 2009, p. 18.

[36]     Mr R Battellino, Deputy Governor of the RBA, Transcript, 20 February 2009, p. 18.

[37]     Searle J, ‘Owners put pay before play’, The Australian Financial Review, 4 February 2009, p. 10.

[38]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 9.

[39]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 31.

[40]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 24.

[41]     RBA, Statement on Monetary Policy, 6 February 2009, pp. 40-41.

[42]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 35.

[43]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 35.

[44]     RBA, Statement on Monetary Policy, 6 February 2009, p. 26.

[45]     RBA website, ‘Daily Statistical Release Exchange Rates’, viewed on 25 February 2009, <http://www.rba.gov.au/Statistics/exchange_rates.html>

[46]     RBA, Statement on Monetary Policy, 6 February 2009, p. 11.

[47]     RBA, Statement on Monetary Policy, 6 February 2009, p. 11.

[48]     RBA, Statement on Monetary Policy, 6 February 2009, p. 12.

[49]     RBA, Statement on Monetary Policy, 6 February 2009, p. 12.

[50]     RBA, Statement on Monetary Policy, 6 February 2009, p. 12.

[51]     The National Bureau of Economic Research is a US non-profit economic research organisation.

[52]     National Bureau of Economic Research website, Business Cycle Dating Committee, ‘Determination of the December 2007 Peak in Economic Activity’, viewed on 25 February 2009, <http://www.nber.org/cycles/dec2008.html>

[53]     US Department of Commerce, Bureau of Economic Analysis website, media release, ‘Gross Domestic Product: Fourth Quarter 2008 (Preliminary)’, viewed on 6 March 2009, <http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm>

[54]     RBA, Statement on Monetary Policy, 6 February 2009, pp. 5-6.

[55]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[56]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[57]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[58]     Recovery.Gov website, ‘Timeline - Milestones at a Glance’, viewed on 25 February 2009, <http://www.recovery.gov/>

[59]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 21.

[60]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[61]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[62]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[63]     RBA, Statement on Monetary Policy, 6 February 2009, p. 6.

[64]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 2.

[65]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 4.

[66]     RBA, Statement on Monetary Policy, 6 February 2009, pp. 32-33.

[67]     RBA, Statement on Monetary Policy, 6 February 2009, p. 33.

[68]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 11.

[69]     RBA, Statement on Monetary Policy, 6 February 2009, p. 35.

[70]     Dr M Edey, Assistant Governor of the RBA, Transcript, 20 February 2009, p. 15.

[71]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 15.

[72]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 4.

[73]     Mr G Stevens, Governor of the RBA, Transcript, 20 February 2009, p. 5.

[74]     Commonwealth Bank, Media Release, 23 February 2009.

[75]     ANZ, Media Release, 23 February 2009.

[76]     RBA website, ‘ATM Fee Reforms’, viewed on 26 February 2009, <http://www.rba.gov.au/PaymentsSystem/Reforms/ATMFeeReforms/>

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