Keeping meeting secret cost RBA $300,000

The Reserve Bank of Australia spent $304,530 on lawyers to block a Freedom of Information request to release details of the central bank board's deliberations over interest rates.

The RBA hired a team of lawyers from Clayton Utz to keep secret from The Weekend Australian the central bank's board minutes for the 12 months to March last year.

Files from the Attorney-General's Department show Clayton Utz's bill was $275,458 for solicitors' fees and $29,072 for legal counsel fees for four months to

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