Treasurer Chalmers Denies Tensions with Reserve Bank in Parliament

Question Time on Sept. 9 saw the federal opposition press the government for blaming inflation and the sluggish economy on the actions of the Reserve Bank of Australia. Deputy Leader of the Opposition Sussan Ley cited reports in which Treasurer Jim Chalmers pointed to the RBA’s failure to cut interest rates as a factor in sluggish economic growth. She also referenced former Labor National President Wayne Swan for striking comments last week. “Why does the Albanese Labor government think it’s acceptable to bully the independent RBA in this way, when all they’re doing is cleaning up Labor’s economic mess?” Ley questioned....