Does everyone welcome the Reserve Bank overhaul? Economists have welcomed many of the proposed changes to the Reserve Bank of Australia, but some have raised concerns. ABC News · Apr 20, 2023
Reserve Bank to keep close eye on jobs and inflation The Albanese government will enact the recommendations of a review of the Reserve Bank, to ensure it focuses on full employment and inflation. AAP · Apr 20, 2023
A singular focus on interest rates, fresher board, fewer meetings – but what else could change at the RBA? The Reserve Bank overhaul won’t fix mistakes of the past, but that’s not the point, analysts say The Guardian - AU · Apr 20, 2023
Reserve Bank revolution: Jim Chalmers reshapes the RBA for the 21st century The scale of the RBA changes recommended by the review is large – there is an entire section devoted to a year-long implementation process. The New Daily · Apr 20, 2023
What does the Reserve Bank of Australia review mean, and how will it affect interest rates and mortgage payments? A scathing review of the Reserve Bank of Australia is set to deliver a shake-up of the central bank not seen in a generation. Here's what it means for interest rates, your mortgage, and RBA governor Philip Lowe. ABC News · Apr 20, 2023
Afternoon Update: Lowe responds to RBA shake-up; rare solar eclipse in images; and K-pop star dies at 25 RBA governor welcomes review of central bank as treasurer announces all 51 recommendations will be implemented The Guardian - AU · Apr 20, 2023
Philip Lowe welcomes RBA review but says description of board ‘far from the reality’ Reserve Bank governor says board challenges him and does not ‘sit there meekly’ but calls overall report ‘kind of excellent’ The Guardian - AU · Apr 20, 2023
Lowe says he would stay at RBA helm as reforms unfold The governor of the Reserve Bank agrees the institution needs to evolve and is willing to lead the reform of the central bank if his tenure is extended. The New Daily · Apr 20, 2023
RBA boss concedes central bank ‘needs to change’ RBA boss Philip Lowe has welcomed the wide-ranging review of the central bank, admitting it "needs to change". The New Daily · Apr 20, 2023
Treasurer appoints two new Reserve Bank board members Former workplace umpire Iain Ross and corporate director Elana Rubin have been appointed to the board of the Reserve Bank of Australia. AAP · Apr 20, 2023
The RBA review ignores the global failure of inflation management to prevent financial chaos The RBA review ignores the global failure of inflation management to prevent financial chaos The Guardian - AU · Apr 20, 2023
RBA shake-up promises board representation for workers, with focus on full employment and fighting inflation Sweeping changes to Reserve Bank of Australia give equal weighting to employment and inflation, and mandate greater transparency The Guardian - AU · Apr 20, 2023
RBA overhaul to put board members in spotlight A major overhaul of the Reserve Bank will see a new board for setting interest rates that's more accountable and holds fewer meetings. The New Daily · Apr 20, 2023
Reserve Bank revolution: how Jim Chalmers will recraft the RBA for the 21st century The review into the Reserve Bank of Australia has just been published by Treasurer Jim Chalmers, and it’s a blockbuster. The Conversation · Apr 20, 2023
ABC News · Apr 20, 2023 Reserve Bank set for biggest overhaul in decades after review calls for more external leaders The Reserve Bank is set for its biggest overhaul in decades, with a review into the central bank finding it needs major changes to ensure it is "fit for the future".
ABC News · Apr 19, 2023 Lowe prepared to stay on as RBA governor after Treasurer releases critical review; ASX finishes flat — as it happened It was a monumental day for Australian finance with a review leaving the RBA facing its biggest shake-up in decades. But the share market was left unruffled, finishing broadly flat. This is how the action unfolded.
The Guardian - AU · Apr 19, 2023 ACTU will not push for spot on RBA board as review released – as it happened This blog is now closed
The Guardian - AU · Apr 19, 2023 Morning Mail: Reserve Bank shake-up, spy warning, ‘carbon capture’ microbe Review of RBA’s operations recommends establishing a separate rate-setting panel; Asio warns that foreign agents are ‘aggressively selling secrets’
The New Daily · Apr 19, 2023 Massive overhaul of Reserve Bank to change how rates are set The Reserve Bank of Australia is facing a major overhaul that would change how interest rates are set after a review into its future.
AAP · Apr 19, 2023 Reserve Bank renovation to split responsibility Two separate boards will be responsible for governance and interest rates in a major overhaul in response to a review of the Reserve Bank of Australia.
The Guardian - AU · Apr 19, 2023 RBA to have separate rate-setting panel but inflation target expected to remain First full review for decades recommends raft of changes including splitting the board into two to enable more focus on how interest rates are decided
The Conversation · Apr 19, 2023 Reserve Bank to have two boards after overhaul by inquiry The long-awaited independent review of the Reserve Bank commissioned by Treasurer Jim Chalmers will be released on Thursday, with the treasurer already flagging in-principle agreement with all its recommendations.
ABC News · Apr 19, 2023 Labor to announce in-principle support for RBA review's recommendations, establish two new boards Treasurer Jim Chalmers is set to release the highly anticipated review into the Reserve Bank of Australia on Thursday and to announce that the government has given in-principle support to all of its recommended changes.
ABC News · Apr 19, 2023 Jim Chalmers is a man on many missions. Here's what the treasurer's been up to ahead of the budget Will Treasurer Jim Chalmers be able to please everyone with his May budget? He's certainly trying very hard to cover a lot of economic ground beforehand.
The New Daily · Apr 18, 2023 Michael Pascoe: The darling buds of May promise the flowering of reforms There are drums beating in the policy jungle that the first days of May might see Australia commit to taking on necessary economic reform.