The Australian Treasurer has announced an independent review of the RBA, Australia’s central bank. It is the first wide-ranging review of the RBA since current monetary policy arrangements were put in place in the 1990s.
The Review will consider the RBA’s
- objectives
- policy implementation
- governance processes
- and public communications.
It will also consider the relationship between monetary, fiscal and macroprudential policy settings.
The final report with recommendations will be provided to the Australian Government by March 2023.
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Author: David Jacobson
Principal, Bright Corporate Law
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About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.
