Senior officials from some of Australia's most critical public service departments are set for a rigorous day of questioning as Senate estimates hearings enter their third day. The spotlight will fall on the Reserve Bank of Australia, with Governor Michele Bullock appearing just one week before the board's final interest rate decision for the year.
RBA in the Hot Seat Ahead of Crucial Decision
The Reserve Bank's appearance before the Senate Economics Committee on Wednesday, December 3, 2025, is timed at a pivotal moment for the national economy. Governor Bullock and her team will face senators' inquiries on monetary policy, inflation, and economic outlook, with the final cash rate meeting of 2025 scheduled for the following week. This testimony is closely watched by markets and homeowners alike for any hints on the direction of borrowing costs.
Defence Overhaul and Veterans' Affairs Under Microscope
Later in the afternoon, Defence Department Secretary Greg Moriarty is expected to appear. He will undoubtedly face detailed questioning regarding the department's most significant structural overhaul in half a century, a major reform package announced just the day before on Tuesday. Senators will seek clarity on the implications for capability, personnel, and budget.
Earlier in the day, officials from the Departments of Veterans' Affairs, and Employment and Workplace Relations, as well as Health, will provide evidence. Senators will also have an opportunity to question representatives from the Australian War Memorial, who are scheduled to appear before the lunch break.
A Packed Schedule of Accountability
The Senate estimates process is a cornerstone of Australian parliamentary accountability, allowing senators to scrutinise government expenditure and administration. Day three follows two previous days of hearings featuring departments including Prime Minister and Cabinet, Home Affairs, Finance, and the Australian Public Service Commission.
The appearance of Treasury officials is also slated for Wednesday, rounding out a day focused heavily on economic management and national security. The hearings provide a transparent, real-time look into the operations and challenges facing the nation's key institutions.
