It's time for a shakeup at the RBA

By A. C. M.
Updated July 7 2022 - 3:34am, first published July 6 2022 - 7:55pm
Reserver Bank of Australia governor Phillip Lowe. Picture: Getty Images

Recent events, which have seen households squeezed between soaring petrol prices and ever-increasing interest rates, highlight the need for a serious rethink about the way the Reserve Bank of Australia is led, the composition of its board, and who is accountable when it gets policy wrong.