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Karen Maley

Chalmers’ shock decision shows his radical plan for the RBA

Jim Chalmers’ has made an extraordinary decision to place a job ad for new Reserve Bank board members. It shows Australia’s business elite are no longer welcome.

Perhaps it’s his knockabout, affable manner, or perhaps it’s his verbal prolixity which somehow manages to leave his listeners slightly confused about his meaning.

Whatever the reason, it’s only now dawning on people that Treasurer Jim Chalmers has quite radical plans for reshaping the country’s financial infrastructure.

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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/chalmers-shock-decision-shows-his-radical-plan-for-the-rba-20230227-p5cnsl