Normal
The media have sniffed out a scent and are after the prey.?It's also good to see the reserve bank operating independently and free of government interference.[URL unfurl="true"]https://www.smh.com.au/politics/federal/chalmers-fails-to-endorse-phil-lowe-says-decision-on-rba-governor-s-future-to-come-20230212-p5cju4.html[/URL]On Wednesday, this masthead reported six Labor MPs had taken the unusual step of questioning Lowe’s performance as governor following the Reserve Bank’s decision to impose a ninth consecutive interest rate rise, with some of those MPs suggesting his seven-year term should not be extended beyond September.Chalmers was asked three times on the ABC’s Insiders program on Sunday whether Lowe was doing his job properly, but the Treasurer stopped short of endorsing the independent central bank governor.There is a growing expectation that Lowe will not have his seven-year term extended to ten years as happened with the previous two governors, Glenn Stevens and Ian Macfarlane.
The media have sniffed out a scent and are after the prey.?
It's also good to see the reserve bank operating independently and free of government interference.
[URL unfurl="true"]https://www.smh.com.au/politics/federal/chalmers-fails-to-endorse-phil-lowe-says-decision-on-rba-governor-s-future-to-come-20230212-p5cju4.html[/URL]
On Wednesday, this masthead reported six Labor MPs had taken the unusual step of questioning Lowe’s performance as governor following the Reserve Bank’s decision to impose a ninth consecutive interest rate rise, with some of those MPs suggesting his seven-year term should not be extended beyond September.
Chalmers was asked three times on the ABC’s Insiders program on Sunday whether Lowe was doing his job properly, but the Treasurer stopped short of endorsing the independent central bank governor.
There is a growing expectation that Lowe will not have his seven-year term extended to ten years as happened with the previous two governors, Glenn Stevens and Ian Macfarlane.
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