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RBA Opens Door to Board Member Speeches in Transparency Push

Swati Pandey
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Australia’s central bank will introduce public speeches by its monetary policy board members in 2026, marking a major transparency shift in rate-setting communications. Academic Ian Harper and business leader Carolyn Hewson will be the first to speak publicly in coming months, with all six external members expected to debut by 2027. The move aims to clarify individual perspectives behind interest rate decisions, reducing opacity in the bank’s policy deliberations. Previously, only the governor and deputy governor delivered public remarks, limiting external insight into board members’ economic views. This reform aligns with global central bank trends toward greater accountability and public engagement in monetary policy.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Reserve Bank of Australia’s monetary policy board members will begin delivering public speeches this year, in a shift aimed at boosting transparency around rate decisions and the views behind them.Academic Ian Harper — who already gives media interviews in a personal capacity — and business leader Carolyn Hewson will deliver their first speeches in the coming months, according to an RBA spokesperson. The other four external members will make their respective debuts later this year or next.

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Source: Bloomberg Technology

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