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how Jim Chalmers will recraft the RBA for the 21st century

  • Written by Isaac Gross, Lecturer in Economics, Monash University

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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