RBA Governor to appear before House Economics Committee

THE House of Representatives Standing Committee on Economics will hold a public hearing with the Governor of the Reserve Bank of Australia (RBA), Philip Lowe, on Friday, February 5, 2021. The RBA last appeared before the committee in December 2020.

Committee chair, Tim Wilson MP, said, "There have been few times when monetary policy has been more consequential for the Australian economy.

"The committee will be scrutinising the RBA’s measures in response to the COVID‑19 pandemic, particularly the move to implement quantitative easing, and how these measures will help the Australian economy recover.

"The decisions the RBA are making has an impact on everyone, and with cheap easy money pushing up asset prices, and the spectre of inflation and higher super that could soften wage increases on the horizon, there needs to be scrutiny of the consequences of their decisions.

"Issues of the governance culture within the RBA remain a point of public discussion and also need to be properly scrutinised," Mr Wilson said.

Public hearing details

Date: Friday, 5 February 2021
Time: 9.30am to 12.30pm
Location: Main Committee Room, Parliament House

The hearing will be broadcast live at aph.gov.au/live.

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