Greens urge Chalmers to intervene with never-used powers to demand a Reserve Bank rate cut episode artwork

EPISODE · Sep 22, 2024 · 4 MIN

Greens urge Chalmers to intervene with never-used powers to demand a Reserve Bank rate cut

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Finance minister Katy Gallagher has branded pressure from The Greens to force a Reserve Bank interest rate cut as "economically irresponsible". As the Reserve Bank board prepares for a two day meeting, Greens treasury spokesman Nick McKim says Treasurer Jim Chalmers should intervene with a never-used power to force a rate cut - a move that Senator Gallagher says would undermine RBA independence. Reporter: Peter Ryan, Senior Business Correspondent Featured: Katy Gallagher, Finance Minister

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Greens urge Chalmers to intervene with never-used powers to demand a Reserve Bank rate cut

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