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RBA review panel member says reforms will not harm central bank governor

RBA review panel member says reforms will not harm central bank governor


SYDNEY — One of the architects of a recent review of the Reserve Bank of Australia’s operations says proposed changes would not undermine the power of the central bank governor, in response to claims they would hand over critical decisions to a part-time board of directors. members.

Academic Renee Fry-McKibbin, who was part of a three-person committee appointed by Treasurer Jim Chalmers to undertake the review, said in a written article on Friday that misinformation on the issue is circulating and needs to be corrected.

THE…


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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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