The OECD wants a review of the Reserve Bank of Australia

The Organisation for Economic Co-operation and Development said a review of the RBA should cover its charter and board make-up.

  • The last review of the RBA was 40 years ago. 
  • In the past decade the Bank has been failing to meet its mandates. 

OECD also called for:

  • substantial tax reform
  • more explicit budget repair commitments from the federal governmen

There is a piece in the local media in Australia that provides a good summary:

The full OECD report can be found from here:

The Organisation for Economic Co-operation and Development said a review of the RBA should cover its charter and board make-up.

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