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ISCOVER
The long-awaited review of the Reserve Bank of Australia has been released — calling for widespread change in how the central bank runs. Annie Kane and Phil Tarrant unpack what the changes could mean for the RBA and mortgage borrowers in Australia.
A 294-page review of the Reserve Bank of Australia (RBA) has been released, putting forward 51 recommendations to improve the structure, governance, and decision-making processes of the central bank.
The review considered the RBA’s performance over the past 30 years and has recommended the biggest overhaul of the central bank in its 63-year history.
In this episode, host Annie Kane is joined by the managing editor of property and financial services, Phil Tarrant, to discuss:
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- Why the RBA review is calling for two RBA boards
- Their thoughts on dropping to eight cash rate decisions a year
- Philip Lowe’s reactions to the review
And much more!
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