Thursday, September 1, 2022

Reserve Bank must be held to account for 2024 low rates signal - Future Fund chairman Peter Costello

The chairman of the Future Fund Peter Costello has taken aim at the Reserve Bank over last year's signal that official interest rates would stay low until 2024.

The former Liberal treasurer says the RBA needs to be held to account over that now-dumped 2024 signal and that there should be consequences for getting the guidance so wrong.

Mr Costello is also coy when asked about whether Scott Morrison's multiple ministeries were appropriate.

I speak on ABC Newsradio

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