Media Lock-ups
Members of the media have the opportunity to review key Bank communications ahead of public release, under embargo, in a media lock-up. Media lock-ups are held in Sydney for the Minutes of the Board meetings, the Statement on Monetary Policy and the Financial Stability Review. The Bank requires that media organisations and journalists sign ‘deed polls’, which set out the terms and conditions for attending media lock-ups and receiving embargoed material.
Media Lock-up Procedures
Prior to Start
- Attendance is registered with the lock-up supervisor, with attendees having committed to respect the embargo (in a deed poll they sign annually for the Bank).
- Mobile phones are turned off and left with the lock-up supervisor and removed from the room.
- All laptop, phone or external wireless communication devices are disconnected.
- Wire services are disconnected from the network by a central switch.
While Lock-up is in Progress
- No one leaves the room.
- No one approaches the wire services network equipment.
- For the Statement on Monetary Policy and Financial Stability Review, experts are available to answer questions of clarification.
Publication Time
- Embargo is lifted at exactly the scheduled time.
- Wire services are reconnected to the network by a central switch.
- Laptops, mobile phones or external wireless communication devices may be reconnected.