A 294-page review of the Reserve Bank of Australia (RBA) has been released, putting forward 51 recommendations to improve the structure, governance, and decision-making processes of the central bank.
The review considered the RBA’s performance over the past 30 years and has recommended the biggest overhaul of the central bank in its 63-year history.
In this episode, host Annie Kane is joined by the managing editor of property and financial services, Phil Tarrant, to discuss:
- Why the RBA review is calling for two RBA boards
- Their thoughts on dropping to eight cash rate decisions a year
- Philip Lowe’s reactions to the review
And much more!
[Related: RBA review calls for central bank to have 2 boards]
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AUTHOR
Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.
As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.
She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts.
Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.
Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.
She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.