Part 6/10:
He stressed that the relationship between Australian and US leaders is fundamental to negotiating favorable terms on issues like pharmaceutical exports and critical mineral resources. O'Brien highlighted that the government's cautious approach hampers Australia’s ability to advocate effectively in these negotiations, advocating for a direct dialogue at the highest levels.
Transparency at the RBA and Its Political Implications
The recent disclosure of the RBA board’s voting patterns has sparked debate over transparency. The board comprises six members in favor of maintaining interest rates and three who preferred a cut. The RBA governor argued that revealing individual votes could stifle debate and increase lobbying risks.