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Australia'a Bank Review

· Philip Lowe, Governor of the Reserve Bank of Australia (Australia)

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· Philip Lowe Wiki · Reserve Bank of Australia WikiAustralia'a Bank Review

ContextMedia briefing in Sydney on the independent review of the Reserve Bank of Australia; the central bank pursues low inflation and full employment and is reforming its governance.

Why it mattersLowe welcomes the independent review and plans its implementation.

Problems raised
  1. The RBA faces a more complex environment.
  2. Its governance and framework needed review.
  3. Implementation of reforms will take effort.
Solutions proposed
  1. Welcome the Review's conclusions.
  2. Develop an implementation plan with a dedicated team.
  3. Strengthen the institution for future challenges.
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