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Treasurer Jim Chalmers is set to release the highly-anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes.
Jim Chalmers will impose a sweeping overhaul of the Reserve Bank including creating two RBA boards – one that sets interest rates and one overseeing governance.
These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible
These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible
The Reserve Bank is facing a major overhaul with the creation of two separate boards, one responsible for...