A 294-page review of the Reserve Bank of Australia (RBA) has been released, putting forward 51 recommendations to improve the structure, governance, and decision-making processes of the central bank. The review considered the RBA's performance over the past 30 years and has recommended the biggest overhaul of the central bank in its 63-year history. In this episode, Momentum Media managing editor of mortgages Annie Kane is joined by the managing editor of property and financial services Phil Tarrant to discuss why the RBA review is calling for two RBA boards, their thoughts on dropping to eight cash rate decisions a year, and Philip Lowe's reactions to the review.