Reserve Bank of Australia Annual Report – 1997 Financial Statements Note 13

Note 13 Remuneration of auditor

Fees paid or payable to the statutory auditor (Auditor-General of the Commonwealth of Australia) for audit services to the Bank totalled $295,000 in 1996/97 ($285,750 in 1995/96). They are included in “Consultants' fees” in Note 2, which also covers legal fees and payments made to specialists for “review and advice” services.