After working for the RBA for 30 years, here’s how I’d make it more accountable
- Written by John Simon, Adjunct Fellow in Economics, Macquarie University, Macquarie University
How can we tell if the Reserve Bank of Australia – which sets the interest rates that shape our national and household budgets – is doing a good job?
That’s partly what the Albanese government set out to test in setting up a review of the bank in 2022.
When that review reported back last year, many people were surprised it devoted...