NewsBite

Opinion

Michael Stutchbury

RBA’s Bullock now has a bigger megaphone. But what should she say?

It’s possible the inflation problem is not about overheated demand, but rather the supply bottlenecks caused by lagging productivity.

Michael StutchburyEditor-at-large

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Jim Chalmers’ shake-up of the Reserve Bank was designed to clip the wings of Australia’s central bank governor. But it also has handed Michele Bullock a bigger megaphone to amplify some uncomfortable home truths.

Given the new platform of an RBA governor’s press conference after every meeting of the rate-setting board, Bullock has even catapulted past Chalmers to take second spot, behind only the prime minister, on The Australian Financial Review Magazine’s 2024 Power list published on Friday.

Loading...
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

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Economy

Fetching latest articles

Most Viewed In Policy

    Original URL: https://www.afr.com/policy/economy/rba-s-bullock-now-has-a-bigger-megaphone-but-what-should-she-say-20240923-p5kcsy