Frydenberg commits to RBA review

Treasurer Josh Frydenberg has committed the Coalition to conducting a broad-ranging independent review of the Reserve Bank of Australia (RBA) if it retains power at the upcoming federal election.

Shadow treasurer Jim Chalmers has committed Labor to a similar review if it wins office.

The RBA’s 2% to 3% inflation target is likely to be a central focus of any review, along with its communication strategy and the makeup of its board:

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