Robert Gerard appointed to RBA board

Businessman and long-time Liberal Party supporter Robert Gerard has been appointed to the board of the Reserve Bank of Australia. The move drew immediate criticism from the Opposition. Gerard said his experiencing in running a range of companies, including electrical group Clipsal, would stand him in good stead.

Source: The Age

Flamboyant manufacturer and prominent Liberal Party donor Robert Gerard has been given a five-year term on the powerful Reserve Bank board.

Treasurer Peter Costello said