Mark Barnaba has rejected a key finding of an independent review used to shake up the central bank, arguing the board has “strong debate” and is not a “rubber stamp” for governor Philip Lowe.

Western Australia Phil Lowe Michele Bullock Steven Kennedy Mark Barnaba Ian Harper

Source: afr.com

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RBA appointments prompt debate

April 21, 2023

The decision by Treasury to appoint former Fair Work Commission president Iain Ross and former AustralianSuper chair Elana Rubin as part-time members of the RBA board has sparked debate.

Pradeep Philip Jim Chalmers Zealand Paul Bloxham Iain Ross Philip Lowe Wendy Craik

Source: financialstandard.com.au

RBA: Evolution, not revolution at the RBA

April 21, 2023

Recommendations to remodel the RBA means fewer board meetings, more challenges to the governor, but will it change how mortgages are set?

Australian Capital Territory Jonathan Kearns Peter Downes Carolyn Wilkins Philip Lowe Stan Wallis

Source: afr.com

Reserve Bank renovation to split responsibility

April 20, 2023

The new-look Reserve Bank will likely have a specialist board with economic experts to set interest rates who...

Mark Barnaba Wendy Craik Angus Taylor Adam Bandt Reserve Bank Treasurer Jim Chalmers

Source: tenterfieldstar.com.au

Big shake-up for Reserve Bank

April 20, 2023

The Reserve Bank is facing a major overhaul with the creation of two separate boards - one responsible for governance and the other to set interest rates.

Angus Taylor Mark Barnaba Wendy Craik Terms Of Service Reserve Bank Treasurer Jim Chalmers

Source: indaily.com.au