Official review announced for Reserve Bank

A pedestrian walks past the Reserve Bank of Australia (RBA) head office in Sydney, Tuesday, June 7, 2022. The Reserve Bank of Australia board holds its monthly meeting ahead of an announcement on interest rates. (AAP Image/Bianca De Marchi) NO ARCHIVING

Reserve Bank Source: AAP

The Reserve Bank of Australia will be formally reviewed, for the first time in four decades, with its culture, board appointments and inflation targets to be examined.


The independent study will use three experts to look at bank accountability and culture, board appointments, and bank inflation targets.

The report on the results of the study is scheduled for completion in March next year.


 


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