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A Truly Independent RBA? [Podcast]
As discussed in The Conversation, the RBA was made subservient for a reason. As prime minister, Chifley had the principle enshrined in the Commonwealth Bank Act of 1945, and it was later enshrined in the Reserve Bank Act of 1959. The ultimate supremacy of the government over the Reserve Bank board was hard won – … Continue reading "A Truly Independent RBA? [Podcast]"
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By Martin North
5
66 ratings
As discussed in The Conversation, the RBA was made subservient for a reason. As prime minister, Chifley had the principle enshrined in the Commonwealth Bank Act of 1945, and it was later enshrined in the Reserve Bank Act of 1959. The ultimate supremacy of the government over the Reserve Bank board was hard won – … Continue reading "A Truly Independent RBA? [Podcast]"
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