Part 7/10:
O'Brien supported the governor’s stance, emphasizing the importance of maintaining the RBA’s independence and the value of healthy debate within the institution. He cautioned against politicizing the central bank, asserting that its decision-making process should remain insulated from external pressures to preserve its credibility.
Upcoming Economic Reforms and Taxation Policy
Looking ahead, O'Brien discussed the upcoming national economic reform roundtable scheduled for next month. He expressed skepticism about the breadth and openness of the initiative, criticizing the government's apparent reluctance to consider diverse solutions beyond a narrow scope.