Reserve Bank of Australia (RBA) Meeting Minutes are published 11 times a year, two weeks after each meeting. They provide RBA board members' explanations to the monetary policy decision. The minutes also contain insights into the economic conditions that influence the decision and into expected short-term monetary policy changes.
The RBA Meeting Minutes are divided into standard parts: discussion of economic conditions inside the country and in the international arena, the situation in financial markets, adopted monetary policy decision and RBA's final interest rate decision. The minutes are published as a report, in which a detailed argument is given on each discussed issue.
RBA Meeting Minutes rarely affect Australian currency quotes. However, they are carefully studied by analysts, since the minutes may contain important hints of future changes in the RBA's monetary policy.