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ABC News
ABC News
Business
The Drum / By David Taylor

Where did the RBA find evidence of wage growth?

RBA Reserve Bank Reserve Bank of Australia Philip Lowe Phillip Lowe DRUM Jim Chalmers Saul Eslake Australia Interest Rates
The Reserve Bank of Australia is set to face a federal government review.  (AAP: Joel Carrett)

The Reserve Bank of Australia is coming under increasing scrutiny, with reports revealing Treasurer Jim Chalmers is close to finalising an independent review into the bank.

Much of the criticism is over the central bank's forward guidance during the pandemic that interest rates were not expected to rise until at least 2024.

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