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Reserve Bank staff fume at ABC report exposing internal tensions over house price crash fears – ABC News
The top brass at Australia’s central bank hit back at ABC reporting that exposed how the dire view of the housing market held by some Reserve Bank staff clashed with the rosy picture the bank’s representatives presented in public.
Top brass at Australia’s central bank have hit back at ABC reporting that exposed how the dire view of the housing market held by some Reserve Bank staff clashed with the rosy picture the bank’s representatives presented in public.
Key points:
- In June, documents were released showing Reserve Bank economists considered urging the Federal Government to shut down the real estate industry
- Internal emails obtained under FOI show how RBA staff responded to ABC reporting about the doc…
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