There is also special emphasis on ensuring greater access to financial services by our women. BIS central bankers’ speeches  3  The three goals I have just highlighted form the key activities of the National Financial Inclusion Taskforce (NFIT) established early this year. And I am encouraged that ANZ and other banks in the country are proactive members on the taskforce.
As a result, policymakers are often forced to rely on non-data information sources, such as surveys or market participants’ reports. Data on the financial system’s exposures to commercial real estate have comparable shortcomings, while information on lending standards is very limited. Closing these data gaps would offer several advantages for policymakers.