Michele Bullock is wary of not making even factual remarks about how the central bank’s monetary policy interacts with the government’s fiscal policy. It’s off-limits.
No way could Australia’s Reserve Bank governor offer public advice anything like what her Irish counterpart gave to Ireland’s new finance minister last month.
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Michael Stutchbury is editor-at-large. He is in his fourth decade of writing for and editing national newspapers. After nearly six years as editor of The Australian, he returned to the Financial Review as editor-in-chief (2011-2024). Email Michael at mstutchbury@afr.com