The Monetary Policy Board is responsible for determining the monetary policy of the RBA in a way that best contributes to price stability and the maintenance of full employment in Australia, and the RBA’s policy for contributing to the stability of the Australian financial system.
Membership consists of the Governor, Deputy Governor, Secretary to the Treasury and six external members.
Current board appointments
| Position | Appointee | Start Date | End Date |
|---|---|---|---|
| Member | Ms. Alison Watkins | 1 March 2025 | 28 February 2026 |
| Member | Dr. Iain Ross AO | 1 March 2025 | 31 August 2028 |
| Member | Prof. Renee Fry-McKibbon | 1 March 2025 | 28 February 2028 |
| Member | Ms. Marnie Baker | 1 March 2025 | 28 February 2030 |
| Member | Ms. Carolyn Hewson AO | 1 March 2025 | 28 February 2027 |
| Member | Prof. Ian Harper AO | 1 March 2025 | 30 August 2026 |
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