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Reserve Bank of Australia Annual Report 2023-24

Corporate Commonwealth Entity · Commonwealth · Published

Total expenses
$19.34 billion
Ongoing staff
1,575

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses
$19.34 billion (19,342,051 in $'000)
Employee benefits
$365.3 million (365,262 in $'000)
Suppliers
$485.7 million (485,732 in $'000)
Revenue from government
$0 (0 in $'000)
Own-source income
$15.19 billion (15,193,473 in $'000)

Income statement table on the Transparency Portal (JSON)

Staff

Staff numbers are headcounts as published in the all ongoing and all non-ongoing employee tables, not full-time equivalents.

Published disclosure tables 3

Information about remuneration for key management personnel30 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal · Licence entity-copyright

Key management personnel remuneration is reported on an accrual basis for the period each person held the role, so part-year amounts are not annual salaries.

NamePositionBase salaryBonusesOther benefitsSuperannuationLong service leaveOther long termTerminationTotal
Michele BullockGovernor811,108014,142100,518131,067001,056,835
Michele BullockDeputy Governor179,09802,04220,2264,01400205,380
Philip LoweGovernor227,44402,04226,9685,48500261,940
Andrew HauserDeputy Governor336,20403,64613,7972,51900356,166
Susan WoodsChief Operating Officer237,29108,24225,4566,04000277,029
Susan WoodsAssistant Governor, Corporate Services386,562027,38845,50431,57000491,024
Michelle McPheeAssistant Governor, Business Services523,977040,74599,33119,96300684,017
Sarah HunterAssistant Governor, Economic241,110017,28636,7291,91700297,043
Luci EllisAssistant Governor, Economic148,140010,88825,20513,51900197,752
Marion KohlerAssistant Governor, Economic (acting)240,571060,20546,5536,32500353,655
Christopher KentAssistant Governor, Financial Markets598,331040,413106,44417,43400762,622
Bradley JonesAssistant Governor, Financial System523,536040,74561,14821,07700646,506
Alison WatkinsMember – Reserve Bank Board83,187009,15100092,338
Alison WatkinsChair – Reserve Bank Board Audit Committee22,044002,42500024,468
Ian HarperMember – Reserve Bank Board83,187009,15100092,338
Carolyn HewsonMember – Reserve Bank Board83,187009,15100092,338
Carolyn HewsonMember – Reserve Bank Board Audit Committee10,027001,10300011,130
Steven KennedyMember – Reserve Bank Board00000000
Iain RossMember – Reserve Bank Board83,187009,15100092,338
Elana RubinMember – Reserve Bank Board76,1730077500076,948
Carol SchwartzMember – Reserve Bank Board83,187009,15100092,338
Mark BarnabaMember – Reserve Bank Board15,39000000015,390
Mark BarnabaMember – Reserve Bank Board Audit Committee4,4480000004,448
Ross BuckleyMember – Payments System Board59,814006,57900066,393
Gina Cass-GottliebMember – Payments System Board00000000
Michelle DeakerMember – Payments System Board59,814006,57900066,393
Scott FarrellMember – Payments System Board65,349007,18800072,537
John LonsdaleMember – Payments System Board00000000
Deborah RalstonMember – Payments System Board65,349007,18800072,537
Greg StoreyMember – Payments System Board5,535006090006,144
Information about remuneration for senior executives18 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal · Licence entity-copyright

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay bandPeopleAverage base salaryAverage bonusesAverage other benefitsAverage superannuationAverage long service leaveAverage other long termAverage terminationAverage total
0- 2200001065,691011,70215,0607,85302,813103,119
220001 - 2450002161,186025,35828,9738,73500224,253
245001 - 2700001201,526021,80122,9921,69200248,011
270001 - 2950006210,841024,33837,0489,43600281,663
295001 - 3200002215,858025,24338,66120,70400300,466
345001 - 3700001243,850038,98843,60918,68800345,135
370001 - 3950004283,047038,30452,16417,08000390,596
395001 - 4200007306,480038,24750,64511,14900406,521
420001 - 4450006279,414093,50046,40212,18000431,496
445001 - 4700007333,763038,93559,62919,18800451,515
470001 - 4950005344,078049,84961,06730,53700485,532
495001 - 5200001383,968038,98867,40212,45500502,813
520001 - 5450002412,398038,98856,69921,49800529,583
545001 - 5700003441,925038,87760,24519,53400560,581
570001 - 5950001441,475038,98868,18624,36800573,017
595001 - 6200001460,229038,98867,14235,53300601,892
795001 - 8200001383,0390341,99261,30720,02300806,360
895001 - 9200001288,0530556,18651,5688,69700904,504
Information about remuneration for other highly paid staff12 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal · Licence entity-copyright

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay bandPeopleAverage base salaryAverage bonusesAverage other benefitsAverage superannuationAverage long service leaveAverage other long termAverage terminationAverage total
250000 - 27000059191,748028,68231,2648,52400Not stated
270001 - 29500045204,8712329,22835,20210,13200Not stated
295001 - 32000025228,378023,27239,90011,86203,449Not stated
320001 - 34500015216,7947450,16337,38011,905012,660Not stated
345001 - 3700002264,917022,42547,89719,14900Not stated
370001 - 3950002229,296097,05741,94013,11900Not stated
395001 - 4200003289,197051,71542,70518,86900Not stated
420001 - 4450001119,5510277,43021,6934,95500Not stated
445001 - 4700003206,6120149,42436,24413,606050,293Not stated
495001 - 5200002194,6380192,08633,0967,547071,539Not stated
720001 - 7450001165,1650531,58330,2726,07200Not stated
1220001 - 12450001192,68601,004,62034,7649,36400Not stated

Record snapshot: · This record as JSON