Reserve Bank revolution: how Jim Chalmers will recraft the RBA for the 21st century

Written by The Conversation

The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster.

The review has made 51 recommendations including:

taking away power over interest rates from the Reserve Bank board (which has traditionally been dominated by non-economists, usually corporate executives) and devolving it...

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