Posted in RBA Overhaul

The Reserve Bank of Australia (RBA) is facing a major overhaul following an independent review. What does it mean for interest rates and for Australian mortgage holders? Find out. Why was there a review? Treasurer Jim Chalmers announced the review in July 2022 – the first review of the RBA since the central bank started to target inflation in the early 1990s. “The Review is all about ensuring Australia’s central bank and monetary policy arrangements are as stro...