The Reserve Bank’s most iconic governor says businesses are going bust and the RBA is too focused on only one factor in its charter.
Former treasurer Peter Costello told a Senate inquiry that parliament would surrender its sovereignty if the treasurer lost the power to overrule the bank.
At least that email wasn’t spam.
And a monarch on the highway to hell.
Former Treasury secretary turned RBA governor Bernie Fraser says it would be “nonsense” to exclude former senior public servants from the bank’s top job.
Speculation has been building about who might be the next governor,with the treasurer expected to make an announcement on Friday.
Bob Johnston,RBA governor under Paul Keating and pivotal to some of the nation’s most important financial reforms,has died at the age of 98.
An open letter to the prime minister signed by 100 economists and financial experts warns the $254 billion in tax cuts pose a risk to the budget and will push up inflation.
Jim Chalmers has refused to shut down debate on controversial tax cuts that former RBA governor Bernie Fraser labelled “unfair and unwarranted”.
Former RBA governor Bernie Fraser says the central bank can’t wait until after the election and should start lifting interest rates at its meeting on Tuesday.
Top economists,former Treasury officials and ex-politicians are warning that Australia is fast approaching a fiscal nightmare.