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Phillip Coorey

Treasurer might have created a monster with RBA reforms

Allowing the straight-talking Michele Bullock a press conference after every rates meeting has diluted the government’s power to control the economic message.

Phillip CooreyPolitical editor

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Bill Shorten, who led Labor to successive federal elections in 2016 and 2019, didn’t choose to stay in parliament following his second loss because he wanted to be government services minister for the rest of his life.

At the same time, he knows the odds of ever having another crack at the leadership are long at best – even if, in terms of precedent, there is a flicker of hope.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/politics/federal/treasurer-might-have-created-a-monster-with-rba-reforms-20240815-p5k2kq