Reserve Bank of Australia Annual Report – 2007 Financial Statements Directors' Statement

In the opinion of the directors, the financial statements for the year ended 30 June 2007 give a true and fair view of the matters required by the Finance Minister's Orders 2006–2007 made under the Commonwealth Authorities and Companies Act 1997. These statements have been prepared from properly maintained financial records and are signed in accordance with a resolution of the directors. The Reserve Bank has applied one reporting exemption granted under the Finance Minister's Orders in preparing its 2006/07 financial statements as outlined in Note 1(j).

Glenn Stevens

Chairman, Reserve Bank Board
9 August 2007