But, importantly, there has been no systematic tendency for the deviation to be one way or the other. 1  Statement on the Conduct of Monetary Policy, http://www.rba.gov.au/MonetaryPolicy/statement_on_the_conduct_of_monetary_policy_1996.html. 2  Second Statement on the Conduct of Monetary Policy, available http://www.rba.gov.au/MonetaryPolicy/second_statement_on_the_conduct_of_monetary_policy_2003.html. available  at at  3  Stevens, G. and G. Debelle (1995), “Monetary Policy Goals for Inflation in Australia”, in A.G. Haldane (ed.
), Targeting Inflation, Bank of England; also available at http://www.rba.gov.au/PublicationsAndResearch/RDP/RDP9503.html.