7min chapter

7am cover image

Jim Chalmers, Angus Taylor and the future of the Reserve Bank

7am

CHAPTER

Political Turmoil Over RBA Reforms

This chapter explores the turbulent political landscape surrounding the Reserve Bank of Australia, led by Treasurer Jim Chalmers. It highlights the Coalition's unexpected withdrawal of support for proposed reforms, fueled by rising criticisms of the RBA's performance and governance. The discussion reflects on the fractious relationship between Labor and the Coalition amidst ongoing economic pressures, complicating the path forward for essential regulatory changes.

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