Lunatic RBA oversteps into fiscal again

No, it doesn’t. So why is it involved in this, via Domain:

Reserve Bank governor Philip Lowe has urged key Senate crossbenchers to pass the Coalition’s $158 billion income tax cut package to get more disposable income flowing to stimulate a slowing economy.

…In private briefings with the crossbench last week, Dr Lowe acknowledged the central bank had little room to move if Parliament failed to pass the cuts in July.

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