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Why an RBA review is a must for Australia




The Reserve Bank of Australia’s charter says that Australia’s central bank must direct policy to the “greatest advantage of the people of Australia”. It aims to do this by maintaining the stability of the currency, ensuring full employment and furthering the “economic prosperity and welfare of the people of Australia”.

Despite this essential service to the country, it’s role is rarely acknowledged apart from when it changes official interest rates – largely thanks to three…

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