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ABC News
ABC News
Business
political reporter Georgia Hitch and business reporter Gareth Hutchens

Labor to announce in-principle support for RBA review's recommendations, establish two new boards

Treasurer Jim Chalmers will announce two new board members. (ABC News: Ian Cutmore)

Treasurer Jim Chalmers is set to release the highly anticipated review into the Reserve Bank of Australia (RBA) on Thursday and to announce that the government has given in-principle support to all of its recommended changes. 

The review of the RBA was launched in July and was tasked to look at some of the core objectives of the bank, how the bank makes decisions on interest rates, what information it tells the public, as well as who sits on its board.

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