Reserve Bank of Australia governor Michele Bullock has refused to say if Treasurer Jim Chalmers phoned her last year to complain about the bank linking government spending to inflation pressures in the economy.
Bullock said on Tuesday the RBA board did not feel under “particular political pressure” from Chalmers and repeated the treasurer’s insistence that they had a “respectful” relationship.
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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
Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
