Jim Chalmers (Rankin, Australian Labor Party, Treasurer) Share this | Hansard source

Thanks to the member for Bennelong for the considered way that he engages with the big issues in our economy. The Reserve Bank legislation before the House is all about modernising our central bank, strengthening its decision-making and making it more independent, not less independent. It seeks to implement the considered recommendations of the review, which reported about a year and a half ago and which has been in the public domain for a long time now. It's been the subject of a lot of welcome discussion and debate. The Reserve Bank governor herself is 100 per cent behind the changes and has said she wants to see them legislated. I want to thank her for her efforts working with the government to bed down the changes that have already been implemented.

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