The Korea Herald

Government appoints new Reserve Bank board of experts to set interest rates

By ABC NEWS (Australia)

Published : Dec. 17, 2024 - 09:52

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The Treasurer has announced a major shake-up of the reserve bank appointing a new board of experts whose sole task will be setting interest rates. The Coalition claims Labor is playing political games with the central bank, while the government hopes for a rate cut before the next election.