Two new members will be appointed to the Reserve Bank's
new-look monetary board, prompting the ire of the Coalition, who had demanded
it be kept the same.
The RBA's board is being split in two, with a monetary board
that will control interest rates, and a governance board to manage the central
bank's affairs.
Shadow Treasurer Angus Taylor says it would be perceived as
an attempt by government to influence the Reserve Bank’s decisions on rates……
https://www.abc.net.au/news/2024-12-16/rba-board-members-to-be-replaced/104729142
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