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Next RBA governor should be independent of government, Dutton says | ABC News

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Opposition Leader Peter Dutton says two of the government's potential picks to replace Philip Lowe as Reserve Bank governor would not be able to operate independently because of their established relationships with government. Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-07-13/dutton-says-treasury-finance-heads-cannot-be-next-rba-governor/102596386

But a former Reserve Bank governor says that's a "silly" suggestion, and that the next governor's judgement and social conscience are far more important.

The federal government will decide on Philip Lowe's future as RBA governor this month.

The Treasury and Finance secretaries are two of the candidates being floated to be the next governor.

Peter Dutton says they should be ruled out of consideration given their established relationships to government.

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