(Bloomberg) Australia’s government will introduce legislation this week to facilitate the largest overhaul of the central bank in a generation, including setting up a separate governance board and scrapping the treasurer’s power to reverse policy decisions.Most Read from BloombergRussia Downs Drones Over Moscow in Ukrainian Retaliatory StrikeChina Says Multiple Pathogens Are Behind Spike in Respiratory IllnessesSodium in Batteries: Shift May Herald Another ShakeupIsrael, Hamas Look to Extend
The government will introduce a bill to parliament this week that proposes abolishing the treasurer s power to override the Reserve Bank of Australia s (RBA s) monetary policy decisions.
Strengthening and modernising Reserve Bank miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Russian propaganda presents fringe views in US as mainstream thefrontierpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefrontierpost.com Daily Mail and Mail on Sunday newspapers.