Sky News Business Editor Ross Greenwood says the RBA review is “seeking to break” the embedded culture of not challenging or analysing the Governor of the Reserve Bank board’s views.
“In many cases, it’s probably fair to say that the people who are generally appointed the Reserve Bank board … they’re business people, and so they bring that perspective to the Reserve Bank board,” Mr Greenwood told Sky News host Sharri Markson.
“They’re very busy people themselves, and so they don’t often have the time to do the analysis, to actually do the challenging of the Reserve Bank. “There’s been one view, and that’s been the Reserve Bank board Governor and his cohorts inside the Reserve Bank, and that’s been it – you don’t challenge it.
“This, in many ways, sort of has embedded a culture inside the Reserve Bank that I suspect that the RBA review is seeking to break.”
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