The first independent review of the Reserve Bank since the early 1980s will start within days as the federal government seeks Coalition support for broad terms of reference | swrighteconomy
The first independent review of the Reserve Bank since the early 1980s will start within days as the federal government seeks Coalition support for broad terms of reference.
“I genuinely think that something like reviewing the Reserve Bank and the way that we conduct monetary policy in our economy and in our country is something that should be as bipartisan as possible,” Chalmers said. Taylor said the Coalition supported the RBA’s inflation target, adding the bank’s mandate should remain “laser-focused” on its charter of stability of the currency, full employment and economic prosperity of all Australians.“While I welcome a meeting with the treasurer, it’s disappointing he has left it to the 11th hour to appropriately consult with the opposition on the RBA review,” he said.
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