RBA Review Panelist Says Reforms Won’t Undermine Central Bank Governor

[ad_1]

SYDNEY—One of the architects of a recent review of the Reserve Bank of Australia’s operations said proposed changes won’t undermine the power of the central bank governor, in response to claims that they would put critical decisions into the hands of part-time board members.

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

The…

[ad_2]

Source link