But in the context of extraordinary times and consistent with our broad mandate to promote the economic welfare of the people of Australia, we are seeking to play our full role in building that bridge to the time when the recovery takes place.
of the central bank governors to their respective national parliaments, would run counter to the exclusively European mandate of the European System of Central Banks. This European mandate applies not just to the members of the Executive Board, but to all members of the Central Bank Council. This European orientation, the responsibility for a single monetary policy, determines the institution’s self-identity.