The review into the Reserve Bank of Australia is due to be handed to Treasurer Jim Chalmers by Friday this week.
Sky News Business Editor Ross Greenwood says it’s going to be “fascinating” to see how quickly Australians will see a response from the Albanese government before the budget in May.
“But then it is already being suggested that there may be some separate mechanism to have interest rate decisions made,” Mr Greenwood told Sky News Australia.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Confidence and conditions at odds in business bankingNAB says WA will give the Reserve Bank governor some cause for consternation.
Read more »
RBA review poised to shake up board structureThe three reviewers are due to hand their report by this Friday to Treasurer Jim Chalmers.
Read more »
‘Turbulent evening’: European bank shares fall by 3.8 per centCommSec’s Ryan Felsman says European bank shares fell by 3.8 per cent on Friday. “A flat start to trade as expected on Monday in Australia with SPI Futures pointing down by just three points, but that really masks a turbulent evening on Friday in Europe,” he told Sky News Australia. “We did see European bank shares fall by 3.8 per cent, and we saw that reflected in the broader European indexes, down by 1.3 per cent.” Presented by CommSec.
Read more »
Another major international bank shows first signs of financial distressWith global financial markets changing in an instant, several major banks have felt its wrath so far. Last night Germany's Deutsche Bank was in the firing line.
Read more »
Hedge funds seen targeting Deutsche Bank in ‘irrational’ slideThe German bank’s shares fell as much as 15 per cent before paring losses to end the day down 8.5 per cent in Frankfurt.
Read more »