6  R E S E R V E B A N K O F AU S T R A L I A  Graph 5  RBA Equity Monthly $  $  20  20  0  0  -20  -20  -40  M  J S 2019  D M  J S 2020  Net equity Unrealised profits reserve Accounting reserves  D M  J S 2021  D M  J S 2022  -40  Capital and Reserve Bank Reserve Fund Accumulated losses  Source: RBA  The UPR functions as the name suggests.
The high levels reached by the public debt and the budget deficit in 2000 leave little leeway for the use of budgetary policy to boost the economy. The scope for monetary policy support remains limited. GDP growth is likely to remain close to last year's low figure of 1.6 per cent.