December 16, 2024 00:20 GMT
MNI BRIEF: Treasurer Appoints New RBA Monetary Board Members
MNI (SYDNEY) - Australian Treasurer Jim Chalmer has appointed Australian National University Professor Renee Fry-McKibbin and ex-Bendigo and Adelaide Bank boss Marnie Baker to the Reserve Bank of Australia’s new monetary policy board.
Chalmers noted the new board will begin operations after March 1 and appointments will be staggered.
The two new appointments will join current external board members Carolyn Hewson, Ian Harper, Iain Ross and Alison Watkins, with Carol Schwartz and Elana Rubin joining the new governance board.
Fry-McKibbin was a lead author in 2023’s RBA Review, which initially recommended splitting the Reserve’s board.
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