The RBA is not a law unto itself — an external review would be good for it
- Written by Richard Holden, Professor of Economics, UNSW

The testimony from Reserve Bank of Australia governor Philip Lowe to the House of Representatives’ Standing Committee on Economics last week seemed familiar.
The committee’s deputy chair, the Labor Party’s Andrew Leigh, asked Lowe a series of pointed but important questions. Lowe tried to duck them, with limited success.
The most...