Reserve Bank of Australia annual report reveals government dividend


The Reserve Bank of Australia's 2011 annual report, published on September 20, reveals the central bank will pay the government a A$500 million ($520 million) dividend, the first it has paid in three years.

The dividend was determined by the Australian deputy prime minister and treasurer, and will be taken from the central bank's net profit of A$1.076 billion.

The governor, Glenn Stevens, said it was the board's view that the central bank's capital buffers need to be replenished over the course

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