Business
‘Crucial but not beyond reproach’: Labor joins calls for review of RBA – Sydney Morning Herald
It has been 40 years since the RBA, and its policy objectives, have been reviewed. It is one of the few central banks in the world to have avoided such an analysis….
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The Reserve Bank, its operations and its key policy objective of holding inflation between 2 and 3 per cent would be the focus of a review under a Labor government amid warnings the institution is being left behind by overseas central banks.
Oppositions and critics often call for reviews of particular policies, but demanding a review of a cornerstone of economic policy such as the Reserve Bank is highly unusual.
But in a sign of how much economic…
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