“I cherish and respect the independence of the Reserve Bank – not just in my words but in my deeds,” he said during a media conference on Wednesday.
“The reforms to the Reserve Bank that I want to put through the Parliament are actually about making the Reserve Bank more independent, not less – because I think it’s an important feature of our system.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Others can apportion blame where they like’: Treasurer Jim ChalmersTreasurer Jim Chalmers says other people can “apportion blame” where they want to after being questioned on whether there was a possible miscalculation with the latest rate hike of 0.25 per cent. “When it comes to the independent Reserve Bank, I would rather focus on my part of my job, which is a budget which is designed to address these inflationary pressures that are pushing up interest rates, and I take responsibility for that, others can apportion blame where they like,” Mr Chalmers said.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘This is a difficult day for Australians’: Jim Chalmers addresses RBA decisionTreasurer Jim Chalmers has acknowledged the cost-of-living pressures troubling many Australians following yet another rise in interest rates from the Reserve Bank of Australia.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Treasurer threw RBA Board 'under the bus' with rate decision commentsJim Chalmers should have gone further to 'defend' the Reserve Bank after its latest interest rate hike according to Motley Fool's Scott Phillips, who added the government could be doing more to help in the fight against inflation.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Jim Chalmers seems to have ‘no control’ over the economyTreasurer Jim Chalmers takes no responsibility for the way interest rate rises impact public spending, says Radio 2CC host Stephen Cenatiempo. “The reality is we’ve seen wage rises without any increase in productivity, we’ve seen increases in government spending,” he told Sky News host Chris Kenny. ‘We see a Treasurer who seems to openly admit he has no control over the economy. “His hands aren’t on the levers … it’s all the Reserve Bank’s fault.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »