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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.
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