About the Reserve Bank Panel
The panel was established in 1993 to discuss the issues small businesses face when securing finance to support growth and the impact the economic environment has on small business.
The panel meets annually and comprises of small business representatives from each State of Australia across a broad range of industries to help analysts understand the issues.
After attending the first meeting in July, the contributions made by the panellists, including Lisa, are considered “invaluable in improving the Bank’s understanding of the issues confronting small businesses”, said Christopher Kent in a letter to Lisa.
Lisa says, “It’s an absolute privilege to represent Queensland and the Insurance Industry on the Panel. As an insurance adviser and small business owner, I can advocate for a broad spectrum of industries and share the issues affecting businesses and our industry because of the current economic climate.”
What’s the Outcome?
High level insights from the Panel’s discussions are presented to the Reserve Bank of Australia Board and included in the upcoming Bulletin which is due for publication in September.
The Panel is due to meet again next year.