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Is there anybody sane left at Australia’s only business newspaper?
…there’s been surprisingly little hostility to Chalmers’ much more radical plan for reducing the power and prestige of the country’s central bank, which he’s describing either as a “refresh” or a “renovation”.
…Even though the panel conducting the Reserve Bank review is due to hand over its recommendations by the end of March, Chalmers has decided to pre-empt its findings by putting up a job advertisement for people who’d like to join the Reserve Bank board.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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