The OECD wants a review of the Reserve Bank of Australia

The Organisation for Economic Co-operation and Development said a review of the RBA should cover its charter and board make-up.

• The last review of the RBA was 40 years ago.
• In the past decade the Bank has been failing to meet its mandates.

OECD also called for:

• substantial tax reform
• more explicit budget repair commitments from the federal governmen

There is a piece in the local media in Australia that provides a good summary:

• OECD says now is the time for a review of the Reserve Bank

The full OECD report can be found from here:

• Australia: Post-pandemic reforms should strive for a return to strong, well-distributed growth