The Reserve Bank Board consists of nine members in total.
These members include the three ex officio members of the board, consisting of the Governor of the Reserve Bank, who is Chair of the Board, the Deputy Governor of the Reserve Bank, who is the Deputy Chair of the Board, and the Secretary to the Treasury.

In addition, the board is composed of six external members who are appointed by the Treasurer for a period of five years.
According to section 17(1) of the Reserve Bank Act, members of the board are not allowed to be a director, officer, or employee of an institution that is authorised to take in deposits.
Excluding changes in the number of members, the structure of the board has remained unchanged since 1951.

The current members of the board are:
The board normally meets eleven times each year, on the first Tuesday of each month except January.
Board meetings are usually held at the Reserve Bank's Head Office in Sydney.
Meetings are held in two other Australian cities each year.
Five members of the board must meet in order to constitute a quorum, and the meeting must be chaired by the governor, or the deputy governor in his absence.

The board usually forms a consensus without a need for structured voting on the issues at hand.
Meetings of the board are held in the boardroom of the Reserve Bank's Head Office in Sydney or a similar facility in one of the Bank's State Offices when meetings are held interstate (a secure location is used in Australian cities where the Bank does not have its own premises).
The meetings begin at 9.00 am and continue for three and a half hours, with minutes published two weeks after the meeting is held.
The Reserve Bank Board consists of nine members in total. These members include the three ex officio members of the board, consisting of the Governor of the Reserve Bank, who is Chair of the Board, the Deputy Governor of the Reserve Bank, who is the Deputy Chair of the Board, and the Secretary to the Treasury.
In addition, the board is composed of six external members who are appointed by the Treasurer for a period of five years. According to section 17(1) of the Reserve Bank Act, members of the board are not allowed to be a director, officer, or employee of an institution that is authorised to take in deposits. Excluding changes in the number of members, the structure of the board has remained unchanged since 1951.
The current members of the board are:
The board normally meets eleven times each year, on the first Tuesday of each month except January. Board meetings are usually held at the Reserve Bank's Head Office in Sydney. Meetings are held in two other Australian cities each year. Five members of the board must meet in order to constitute a quorum, and the meeting must be chaired by the governor, or the deputy governor in his absence.
The board usually forms a consensus without a need for structured voting on the issues at hand. Meetings of the board are held in the boardroom of the Reserve Bank's Head Office in Sydney or a similar facility in one of the Bank's State Offices when meetings are held interstate (a secure location is used in Australian cities where the Bank does not have its own premises). The meetings begin at 9.00 am and continue for three and a half hours, with minutes published two weeks after the meeting is held.
Reserve Bank of Australia