No, the RBA review won't mean handing the bank's decisions to part-time outsiders
- Written by: Renee McKibbin, Professor of Economics, Crawford School of Public Policy, Australian National University
Misinformation is circulating about recommendations concerning the Reserve Bank board made by the RBA Review, of which I was a member.
Among the claims are that the new monetary policy board we have proposed would “weaken” incoming governor Michele Bullock’s power over interest rates, and that giving part-time appointees majority...
Read more: No, the RBA review won't mean handing the bank's decisions to part-time outsiders