Australian government to review RBA mandate and governance

Review will look into the board structure and performance, after RBA suffers criticism over policy choices

Rachael King

Australian treasurer Jim Chalmers announced today (July 20) he will launch a “broad-based” review of the Australian central bank’s inflation targeting arrangements, mandates, performance and governance.

This will be the first major review of the Reserve Bank of Australia since the 1990s. It follows criticism of the central bank’s handling of rising inflation, and acknowledgements by the RBA itself that some decisions had gone awry.

The Reserve Bank is a crucial economic institution that has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account