Treasurer Jim Chalmers has launched an “important” review into the Reserve Bank - which he insists is not about revolutionising monetary policy.
The review will consider the RBA’s objectives, mandate, the interaction between monetary, fiscal policy, its governance, culture and operations.
Stream more local news live & on demand with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 “The Reserve Bank is a crucial economic institution, which has served Australia well for more than six decades in its current form,” he told reporters in Canberra.
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