Australian government and RBA agree dual mandate for central bank
RBA to begin publishing unattributed record of votes for its monetary policy decisions
The Reserve Bank of Australia has formally agreed to adopt key reforms in a new deal with the Australian government, including committing to a dual mandate and publishing an unattributed record of votes on its monetary policy decisions.
The RBA board and treasurer Jim Chalmers of the ruling Labour government made the pact in a statement on the conduct of monetary policy released today (December 8). The central bank and the former Liberal government released their last such statement in 2016.
The
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