Paul Keating's criticisms of the RBA are motivated by blame for his 'recession we had to have' and more recently the bank undermining the case for increasing compulsory superannuation contributions.
Paul Keating's brazen attack on the Reserve Bank of Australia last week had a hint of Winston Churchill's famous quote, "History will be kind to me, for I intend to write it."
Keating's criticisms of the RBA appear motivated by two events almost 30 years apart: blame for his "recession we had to have" in 1991 and most recently the bank undermining the case for increasing compulsory superannuation contributions to 12 per cent.
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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
