McKibbin turns RBA leak fears into flood
A hearty congratulations to Warwick McKibbin today for breaking with the closed loop of protection that shrouds RBA integrity to declare at the AFR that:
“There are a lot more people who know what the bank is thinking than you would hope,”
…Mr McKibbin questioned the delivery on the Friday before the Tuesday meeting of official papers to the nine board members. The papers usually contain a recommendation or suggestion about a rate decision, and can sometimes be ambiguous, he said.
“That’s a document sitting there from Friday to Tuesday,” he said. “I’ve no reason to believe there any problems with any of the board members, but I just think the process needs to be revisited.”
This won’t do. Time for a high level suppression order to muzzle Professor McKibbin.
