The independent review of the Reserve Bank of Australia has handed 51 recommendations to Treasurer Jim Chalmers, including reforming the board, improving communication and enhancing the bank’s accountability.
The three reviewers, Canadian central banker Carolyn Wilkins, Australian National University economics professor Renee Fry-McKibbin and former senior Treasury official Gordon de Brouwer, delivered their final 294-page report to Dr Chalmers on Friday afternoon.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com