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Treasurer Jim Chalmers’ Reserve Bank of Australia board overhaul could fail if he doesn’t appoint the right people

Treasurer Jim Chalmers’ Reserve Bank of Australia board overhaul could fail if he doesn’t appoint the right people

The success of Treasurer Jim Chalmers’ historic separation from the Reserve Bank of Australia board will depend on who he appoints to this vital public institution charged with achieving low inflation and full employment for Australians.

Chalmers and Finance Minister Katy Gallagher struck a deal with the Greens on Thursday evening. implement the flagship recommendation of an independent review to establish separate monetary policy and governance boards.

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