Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

In the minute available, there was a lot in that question to unpack. I strongly support the independence of the Reserve Bank and the longstanding convention that the bank should not be interfered with by politicians. I think the review that's underway is useful, and Governor Lowe has made comments on that today. I think the Reserve Bank is doing the work that it needs to do to bring inflation down, but the review will certainly assist all of us to ensure that the Reserve Bank remains fit for purpose. And I think the governor has been accountable for the comments he's made and some of the decisions the bank has made, particularly in the last few months, in raising interest rates. I understand he's given his speech today, he's given a long press conference afterwards, so, in that respect, he has been accountable for those decisions.