02/10/2026
Source check: what does RBA accountability currently look like?
The RBA says it is accountable to the Australian Parliament and points to published monetary-policy decisions and minutes, the Statement on Monetary Policy, Financial Stability Reviews, parliamentary appearances and post-decision media conferences.
Official RBA source:
https://www.rba.gov.au/about-rba/accountability/
The public petition raises a separate question: whether those arrangements provide enough effective scrutiny and whether the accountability framework should be independently reviewed.
Petition:
https://c.org/mMDnHwvygf
These are different propositions. Read both sources and make your own assessment.