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...