The views in these papers are those of the authors alone, but much of the research is part of the knowledge base available to the policy-makers and  1  They are also expected to respond to more media questioning than their counterparts in other democracies, as far as I can see.
2  In Australia, it was a recommendation of the 1935–1937 Royal Commission that the Commonwealth Bank publish a regular statistical bulletin. The Reserve Bank took over this obligation after “separation” in 1960. 2  BIS Review 147/2007  hence is usually of interest to those seeking an understanding of policy issues. The RBA has been publishing Research Discussion Papers since the late 1960s.